Trade Notice No. 78 /2001

         Dated:

27-07-2001

          

                     Sub:  C.Ex - Communication of Notification No. 57/2001- 

                               C.Ex (N.T.) dated 16-07--2001 -Reg.

                                                                -x-x-x-x-

           

Copy of Notification No.57/2001 C.Ex(N.T.)  dated 16-07-2001 issued by the Government of India, Ministry of Finance, Department of Revenue 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)

 

To

As per mailing list (both department and trade)

COPY OF NOTIFICATION NO.57/2001-C.EX(N.T.)DATED
 16-07-2001

 

16 July, 2001

Notification No. 57/2001-Central Excise (N.T.)

In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 4A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No 5/2001-Central Excise (N.T.), dated the 1st March, 2001, namely:-

In the said notification, in the Table,-

  1. after serial No. 80 and entries relating thereto, the following serial No. and entries

shall be inserted, namely:-

(1)

(2)

(3)

(4)

" 80A.

9101.90 and 9102.90

Watches of retail sale price, not exceeding Rs 500 per piece on which duty is paid at the rate specified in the First Schedule to the Central Excise Tariff Act,1985 (6 of 1986) and the manufacturer does not avail of the exemption under any notification of Government of India in the Ministry of Finance (Department of Revenue), for the time being in force, in respect of such watches

35%";

  1. after serial No. 81 and entries relating thereto, the following serial No. and entries

shall be inserted, namely:-

(1)

(2)

(3)

(4)

" 81A.

91.03 and 91.05

Clocks of retail sale price, not exceeding Rs 500 per piece on which duty is paid at the rate specified in the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and the manufacturer does not avail of the exemption under any notification of Government of India in the Ministry of Finance (Department of Revenue), for the time being in force, in respect of such clocks

45%".

 

Sd/-

(G. D. Lohani)
Under Secretary to the Government of India.

F. No. 341/15/2001-TRU

 

Note:

Notification 5/2001- Central Excise (N.T.), dated the 1st March, 2001 was published in the Gazette of India, vide G.S.R.139(E) dated the 1st March, 2001.