|
Trade Notice No. 44 /2001 |
Dated: |
6 -06-2001 |
Sub: C.Ex-Issue of Section 11 C Notification No.25/2001C.Ex(N.T) dated
21-05-2001-
Reg
-x-x-x-x-
The Central Government
by invoking the provisions of
Section 11C has issued Notification
No. 25/2001 C.Ex (N.T) dated 21-05-2001
communicating the decision not to recover
duty of excise on the single
yarn classifiable under Chapter 55 consumed captively for producing
double/multifold yarn falling under Chapter 55
of the Schedule to the Central
Excise Tariff Act, 1985(5 of 1986)
which was not levied under Section 3 of Central Excise Act, 1944 during
the period from 1st March 1986 to 28th February 1994.
Copy of
Notification 25/2001 C.Ex(N.T) dated
21-05-2001 issued by the Government of India, Ministry of Finance, Department
of New Delhi is communicated herewith for information.
The contents of the Trade Notice may be brought to the notice of all concerned.
(Issued from file C.No.IV/16/2/2001 CX
POL)
/sd/-
(JANAKI ARUNKUMAR)
ADDL. COMMISSIONER (TECH)
COPY OF NOTIFICATION NO.
25/2001 C.Ex(N.T) DATED 21-05-2001AND 29/2001-C.EX DATED 18-05-2001
NOTIFICATION NO. 25/2001 C.EX (N.T)
GSR. (E)- Whereas the Central Government is
satisfied that according to a practice
that was generally prevalent regarding levy of duty of excise(including non-levy
therof) under Section 3 of the Central Excise Act, 1944 (1 of 1944)
(herein-after referred to as the said Act), on the single yarn classifiable under Chapter 55 consumed
captively for producing
double/multifold yarn falling under Chapter 55 of the Schedule to the
Central Excise Tariff Act, 1985(5 of 1986)
on which duty of excise was paid and such yarn was liable to duty of
excise in cases where according to
the said practice
the duty was not being levied under Section 3 of the said Act during
the period commencing on the 1st March, 1986 and
ending with 28th February, 1994;
Now ,
therefore, in exercise of the
powers conferred by Section 11C of the said
Act, the Central Government
hereby directs that the duty of excise
payable under Section 3 of the said Act on such single yarn falling under
Chapter 55 consumed captively for producing double/multifold yarn falling under Chapter 55
and subjected to duty of
excise but for the said practice, shall
not be required to be paid in respect of such yarn on which the said duty of excise was not being
levied during the
aforesaid period in accordanee
with the said practice.
(F.No
55/9/90-CX I)
Sd/…
(S.C.BHATIA)
UNDER SECRETARY