[TO
BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3,
SUB-SECTION (i)]
GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification
No. 12/2017-Central Excise
New Delhi, the
30th June, 2017
G.S.R. (E).- In exercise of the powers conferred by
sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the
Central Government, on being satisfied that it is necessary in the public
interest so to do, hereby exempts all excisable goods [except petroleum crude,
high speed diesel, motor spirit(commonly known as petrol), natural gas,
aviation turbine fuel, tobacco and tobacco products] from the whole of the duty
of excise leviable thereon under the said Central Excise Act subject to the
following conditions:-
(a) The goods should
have been manufactured on or before the 30th June 2017 but not cleared from the
factory of production before the 1 st July 2017; and
(b) the appropriate
central tax, State tax, Union territory tax or integrated tax, as the case
maybe, shall be payable on such goods, if cleared on or after the 1 st July
2017 as leviable on such goods under the Central Goods and Services Tax Act,
2017 (12 Of 2017), the State Goods and Services Tax Act of the State concerned
, the Union Territory Goods and Services Tax Act , 2017(14 Of 2017) or the
Integrated Goods and Services Tax Act, 2017(13 Of 2017).
2. This
notification shall come into force with effect from the 1st day of July, 2017.
[F.No.354/119/2017-TRU]
(Mohit Tewari)
Under Secretary to the Government of India.
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