[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. 10/2018-Central Excise
New Delhi, the
2nd February, 2018
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), read with clause 110 of the Finance Bill,
2018 (4 of 2018), which, by virtue of the declaration made in the said Finance
Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the
force of law and sub-section (3) of section 147 of the Finance Act, 2002, (20
of 2002), the Central Government, being satisfied that it is necessary in the
public interest so to do, hereby exempts goods falling within the Fourth
Schedule to the said Central Excise Act, and cleared from
(a) Numaligarh Refinery; or
(b) Bongaigaon Refineries and Petrochemicals Limited; or
(c) Indian Oil Corporation, Guwahati; or
(d) Assam Oil Division, Indian Oil Corporation, Digboi,
from so much of each of
the duties of excise specified in column (2) of the Table below, leviable under
the Acts specified in column (3) of the said Table, as is in excess of the
amount calculated at the rate of fifty per cent. of each of the duties
specified in column (2) of the said Table, namely: -
Table
S.No |
Duty |
Act |
(1) |
(2) |
(3) |
1 |
Duty of excise |
Fourth Schedule to the Central Excise
Act, 1944 (1 of 1944). |
2 |
Additional Duty of Excise (Road and
Clause 110 of the Finance Bill, 2018 (4 of 2018). Infrastructure Cess) |
Clause 110 of the Finance Bill, 2018
(4 of 2018). |
3 |
Special Additional Excise Duty |
Sub-section (1) of section 147 of the
Finance Act, 2002 (20 of 2002) read with the Eighth Schedule to the said
Finance Act and notification No. 28/2002- Central Excise, dated the 13th May,
2002. |
Explanation. - For the
removal of doubts, it is hereby declared that the exemption under this
notification shall also be available on the aforesaid goods if such goods are
removed under bond, without payment of the duties of excise specified in column
(2) of the aforesaid Table, from any of the refineries specified in clauses (a)
to (d) above, to a warehouse and subsequently removed from the said warehouse
on payment of fifty per cent. of such duties.
[F. No.
334/04/2018-TRU]
(Gunjan Kumar
Verma)
Under Secretary to the Government of India
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