|
TRADE
NOTICE NO. 65
/2003 |
Dated: |
01 .05.2003 |
Subject:-
Finance Bill passed by Lok Sabha - communication of salient features - reg.
********
The
Finance Bill, 2003 has been passed by the Lok Sabha on 30.04.03. Consequent to
the changes announced by the Hon'ble Finance Minister while moving the said
bill for passing, notification Nos. 67 to 69/2003-Customs, 34 to
38/2002-Central Excise and 40 to 41/2003-Central Excise(Non Tariff) all dated
30.4.2003 have been issued. The salient features of the post-budget 2003-04
changes are indicated below (changes through notifications are effective from
30.4.2003):
Copy
of Notification Nos. 34 to 36 - Central Excise and 40 & 41 - Central
Excise (Non-Tariff) all dated 30.04.03 have been communicated vide Trade
Notice No. 64/2003 dated 01.05.2003. Notification Nos. 37 & 38 - Central
Excise both dated 30.04.2003 are communicated below.
The contents of the Trade
Notice may be brought to the notice of all concerned.
(Authority:
Letter F.No. B-3/5/2003-TRU dated the 30th April, 2003 from
Jt.
Secy., TRU)
(Issued
from file C.No. IV/16/1/2003 CX. Pol )
Sd/-
(V.V. HARIHARAN)
ADDITIONAL COMMISSIONER (PREV.)
To
As per Mailing List
(Both Department & Trade)
__________________________________________________________
Amendments
to the Finance Bill:
1.1 A new clause has been
introduced in the Finance Bill, 2003 so as to increase the tariff rates of
basic customs duty on vanaspati, margarine and other similar edible
preparations and preparations of animal or vegetable fats and oil, falling
under chapter headings 1516, 1517 and 1518, from 30% to 100%. However, there
is no change in the effective rate of the customs duty applicable in respect
of the said products.
1.2 Clause 129 which seeks to amend section 4A so as to enable the
Government to ascertain the retail sale price (RSP), in cases where either RSP
is not declared or incorrect RSP is declared, has been amended so as to
provide that the RSP in such cases shall be determined in the manner
prescribed by the Government. Consequently, the Government will only need to
prescribe the manner for ascertaining the RSP, while the actual ascertainment
of RSP is delegated to the field officers.
1.3 In this year's budget, the service tax on authorized automobile
services has been sought to be extended to multi-utility vehicles and
accordingly, in clause 151, the definition of ' authorized service station '
was sought to be expanded to include ' maxicabs '. As per the Motor Vehicle
Act, ' maxicab ' means a vehicle capable of carrying upto twelve persons,
excluding the driver, for hire or reward.
Vehicles for personal use may not come under this category. However, the
intention was to cover the service tax on all such motor vehicles capable of carrying upto twelve persons
excluding the driver. Hence ' light motor vehicle ' has now been defined in
clause 151 and the service tax on ' authorized service station ' will now be
extended to repair or service of light motor vehicles.
1.4 Amendments have also been made to clause 150 and the Fifth Schedule
to bring out the legislative intent clearly.
Customs:
2.1 Basic customs duty on RBD palm oil and RBD palmolein has been
reduced from 85% to 70% (S.No. 434 of notification No. 21/2002-Customs as
inserted by notification No. 67/2003-Customs dated 30.4.2003 refers). They
have been exempted from SAD also (S.No. 5A of notification No. 23/2002-Customs
as inserted by notification No. 68/2003-Customs dated 30.4.2003 refers).
2.2 Basic customs duty has been
reduced from 25% to 15% on decorative transfer films and dyestuffs used in the
manufacture of writing instruments (S.No. 396 of notification No.
21/2002-Customs as amended by notification No. 67/2003-Customs dated 30.4.2003
refers).
2.3 Basic customs duty has been reduced on fine and coarse animal hair
and flax from 15% to 5% (S.Nos. 435 & 436 of notification No.
21/2002-Customs as inserted by notification No. 67/2003-Customs dated
30.4.2003 refer) and on rags from 25% to 5% (S.No. 437 of notification No.
21/2002-Customs as inserted by notification No. 67/2003-Customs dated
30.4.2003 refers).
2.4 Lists 45 and 46 of notification No. 21/2002-Customs, prescribing a
concessional basic customs duty of 5% for specified textile
machinery/equipment and their parts for manufacture of the corresponding
textile machinery/equipment, have been expanded (notification No.
67/2003-Customs dated 30.4.2003 refers) to cover more specified capital goods
for the synthetic/artificial fibre/yarn industry and technical textiles,
specified woolen textile machinery, electronic dobby and jacquard.
2.5 The concessional basic customs duty of 10% available for two for one
or three for one twisters and rewinding machines used in the silk sector, has
been extended to such twisters and rewinding machines irrespective of the
sector of use. Parts for manufacture of and spares for maintenance of such
twisters and rewinding machines will also attract a concessional basic customs
duty of 10% (changes in List 32 and S.No. 426A of notification No.
21/2002-Customs vide notification
No. 67/2003-Customs dated 30.4.2003 refer).
2.6 Basic customs duty has been reduced from 15% to 10% on specified
capital goods for IT/electronics sector (notification No. 25/2002-Customs as
amended by notification No. 69/2003-Customs dated 30.4.2003 refers).
2.7 Nickel oxide sinter and unwrought nickel for manufacture of steel,
and metcoke for manufacture of pig-iron or steel using a blast furnace or
COREX technology or for manufacture of ferro-alloys have been exempted from
the special additional duty of customs (SAD) subject to end-use condition (S.Nos.
8A, 41A and 41B of notification No. 23/2002-Customs as inserted by
notification No. 68/2003-Customs dated 30.4.2003 refers refer).
2.8 S.No. 373 of notification No. 21/2002-Customs has been amended (vide
notification No. notification No. 67/2003-Customs dated 30.4.2003) so as to
extend the concessional rate of 5% to spare parts of hearing aids irrespective
of their classification.
Central Excise:
Textiles
3.1 The following turn over based exemptions have been given to textile
sector:-
(i)
Knitted and woven readymade garments or clothing accessories have been fully
exempted from excise duty upto their first clearance of Rs.25 lakhs per annum
provided such garments do not bear the brand name of other manufacturer and if
the annual clearances of these goods do not exceed Rs.30 lakhs. (notification
No.34/2003-CE, dated 30.4.2003 refers). The manufacturer should keep the
purchase documents of inputs i.e. fabrics. This exemption is given with a
presumption that fabrics used in such garments/accessories are duty paid.
There should be no checking of such units opting for this exemption, unless
authorized by the Commissioner. For purposes of this notification, clearances,
if any, made in the financial year 2003-04, prior to the issue of the
notification, will be excluded.
(ii) Similarly, unprocessed fabrics made by power looms have been fully
exempted from excise duty upto their first clearance of Rs.20 lakhs per annum
provided the annual clearances of these goods do not exceed Rs.25 lakhs
(notification No. 35/2003-CE, dated 30.4.2003 refers). The manufacturer should
keep the purchase documents of inputs i.e. yarns. This exemption is given with
a presumption that such yarns are duty paid. There should be no checking of
such units opting for this exemption, unless authorized by the Commissioner.
For the purposes of the notification, clearances, if any, made in the
financial year 2003-04, prior to the issue of the notification, will be
excluded.
(iii)
Rubberised textile fabrics, Cotton belting woven/unprocessed and round mesh
mosquito net fabrics have been fully exempted from excise duty upto their
first clearance of Rs.25 lakhs per annum provided annual clearances of such
goods do not exceed Rs.30 lakhs (notification No. 36 /2003-CE, dated 30.4.2003
refers).
3.2 Excise duty on hand processed fabrics of pure cotton, which after
having undergone bleaching, dyeing or printing without the aid of power or
steam have been subjected to certain specified finishing processes (with the
aid of power or steam), has been reduced to 5% and 8% respectively
(notification No. 38/2003-CE, dated 30.4.2003 refers). In this case, the
processors should certify that the fabrics in respect of which the 5% or 8%
duty is being claimed has been subjected to the process of bleaching, printing
or dyeing or one or more of these processes without the aid of power or steam.
In other words, if the fabrics have been bleached or printed or dyed, and if
power or steam is used in any of these processes, 5% or 8% rate will not
apply.
3.3 Full exemption from excise duty has been provided to fully finished ready made garments, which subsequent to their clearance and sale, have undergone processes like labeling, re-labeling (such as putting price tag, bar code, sellers name, instruction regarding usage etc.), repacking from bulk packs to retail packs, alteration or any other process to make the product marketable. However, the process of affixing of a brand name on such garments will continue to attract central excise duty. The exemption will be subject to condition that the retailers keep the purchase document (notification No. 38/2003-CE, dated 30.4.2003 refers)
3.4 Rule 9A of the CENVAT
Credit Rules, 2002 has been further amended so as to change the relevant date
for input stock declaration from 31.03.2003 to 01.04.2003. Consequently, the
stock of inputs lying as on 01.04.2003 (instead of 31.03.2003) would now be
eligible for one time credit under Rule 9A of the CENVAT Credit Rules, 2002.
(Notification No. 40/2003-CE (NT), dated 30.4.2003 refers)
Other
changes:
3.5 The 8% central excise duty
on refined edible oils has been replaced by a specific duty of Re. 1/- per kg.
Similarly, the 8% duty on vanaspati and bakery shortening has been replaced by
a specific duty of Rs. 1.25 per kg. Margarine has been exempted from central
excise duty. The duty is leviable on all refined edible oils and vanaspati and
bakery shortening irrespective of whether the same is branded and packed or
not, at the stage of clearance from refinery / vanaspati factory. Refined
edible oil and vanaspati manufactured respectively from duty paid refined
edible oil and vanaspati shall be exempt from central excise duty (S.Nos. 244,
245 & 246A of notification No. 6/2002-CE as amended by notification No.
37/2003-CE, dated 30.4.2003 refer). However, for removal of doubts, it is
clarified that payment of Nil duty shall not be taken as duty payment for the
purposes of this exemption as clarified in Boardıs Circular No.
667/58/2002-CX, dated 26.9.2002.
3.6 Nicotine Polacrilex gum, presently attracting 8% central excise
duty, has been fully exempted from excise duty (S.No. 254 of notification No.
6/2002-CE as amended by notification No. 37/2003-CE, dated 30.4.2003 refers).
3.7 Hand pumps and parts have also been exempted from central excise
duty (changes in S.No. 35 and S.No. 52 of notification No.10/2002-CE as
amended by notification No. 37/2003-CE, dated 30.4.2003refer).
3.8 Central excise duty on ceramic tiles manufactured by units not using
electricity/petroleum fuel for firing the kiln has been reduced from 16% to 8%
(S.No. 275 of notification No. 6/2002-CE as amended by notification No.
37/2003-CE, dated 30.4.2003 refers).
3.9 Central excise duty on wafer biscuits, cakes and pastries has been
reduced from 16% to 8% (S.Nos. 273 & 274 of notification No. 6/2002-CE as
amended by notification No. 37/2003-CE, dated 30.4.2003 refer).
------------------------------------------------------------------------------------------------------------------
COPY
OF NOTIFICATION No.
37/2003-Central Excise DATED
April 30, 2003.
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, being satisfied that it is necessary in the public interest so to
do, hereby directs that each of
the notifications of the Government of India, specified in column (2) of the
Table below, shall be amended or further amended, as the case may be,
in the manner specified in the corresponding entry in column (3) of the
said Table.
TABLE
|
S. No. |
Notification No. and date |
Amendments |
|||||
|
(1) |
(2) |
(3) |
|||||
|
1. |
6/2002-Central
Excise, dated the 1st March, 2002 |
In
the said notification, in the Table,-
(i)
for S.No. 244 and the entries relating thereto, the following shall be
substituted, namely:-
|
|||||
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
||
|
"
244. |
15.02
or 15.03 |
The
following goods namely:-
(A)
All goods other than refined edible oils
(B)
Refined edible oils
|
Nil
Re.
One per kilogram |
-
- |
-
- |
||
|
S. No. |
Notification No. and date |
Amendments |
|||||
|
(1) |
(2) |
(3) |
|||||
|
|
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
|
|
(C)
Refined edible oils, if manufactured out of refined edible oils on
which the appropriate duty of excise under the First Schedule to the
Central Excise Tariff Act, 1985 (5 of 1986) or as the case may be, the
additional customs duty under the Customs Tariff Act, 1975 (51 of 1975)
has already been paid.
Explanation.-
For
the purposes of this exemption, 'refined edible oil' means fixed
vegetable oils, which subsequent to their expression or extraction, have
undergone any one or more of the following processes, namely:- a)
treatment with alkali or acid; (b)
bleaching; and (c)
deodorisation, and
conforms to the standards of 'refined vegetable oil'
read with the standards for the specified edible oils, as
prescribed in the Prevention of Food Adulteration Act, 1954 (37 of 1954)
and rules made thereunder
|
Nil
|
-
|
-"
|
||
|
|
|
(ii) for S.No. 245 and the entries relating thereto, the following shall be substituted, namely:- |
|||||
|
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
|
|
|
" 245. |
15.04 |
The
following goods namely:-
(A)
All goods (other than (a) partially or wholly hydrogenated vegetable
fats and oils and fractions thereof, commonly known as 'Vanaspati', and
(b) bakery shortening)
|
Nil |
- |
- |
|
|
|
|
|
|
(B)
Bakery shortening, or partially or wholly hydrogenated vegetable fats
and oils and fractions thereof, commonly known as 'Vanaspati'
|
Rs.
1.25 per kilogram
|
- |
- |
|
. No. |
Notification No. and date |
Amendments |
|||||||||
|
(1) |
(2) |
(3) |
|||||||||
|
|
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
||||
|
|
|
|
|
(C)
Bakery shortening, or partially or wholly hydrogenated vegetable fats
and oils and fractions thereof, commonly known as 'Vanaspati', if
manufactured out of bakery shortening or 'Vanaspati' on which the
appropriate duty of excise under the First Schedule to the Central
Excise Tariff Act, 1985 (5 of 1986) or as the case may be, the
additional customs duty under the Customs Tariff Act, 1975 (51 of 1975)
has already been paid |
Nil
|
- |
- |
||||
|
(iii) after S.No. 246 and the entries relating thereto, the following shall be inserted, namely:- |
|||||||||||
|
"
246A. |
1508.90 |
Margarine |
Nil
|
- |
-" |
||||||
|
(iv) against S.No. 254, for the entry in column (4), the entry ' Nil ' shall be substituted; |
|||||||||||
|
|
|
|
|
|
|
||||||
|
(v) after S. No. 272 and the entries relating thereto, the following shall be added, namely:- |
|||||||||||
|
"
273. |
1905.20 |
All
goods |
8% |
- |
- |
||||||
|
274. |
1905.39 |
Wafer
biscuits |
8% |
- |
- |
||||||
|
275. |
69 |
Ceramic
tiles, manufactured in a factory not using electricity, or petroleum
products falling under heading Nos. 27.09, 27.10, 27.11 or 27.13, for
firing the kiln |
8% |
- |
-" |
||||||
|
2. |
10/2003-Central
Excise, dated
the 1st March, 2003 |
In
the said notification, in the Table,- (i)
against S.No.35, for the entries in column (2), the entries '
8413.11, 8413.12, 8413.13 or 8413.14 ' shall be substituted; (ii)
after S.No. 51 and the entries relating thereto, the following shall be
inserted, namely:- |
|||||||||
|
(1) |
(2) |
(3) |
(4) |
||||||||
|
"52. |
8413.20
or 8413.91 |
All
goods |
Nil" |
||||||||
[F.
No.B-3/5/2003-TRU]
(V.Sivasubramanian)
Deputy Secretary to the Government of India
COPY
OF NOTIFICATION No. 38
/2003-Central Excise DATED April
30, 2003.
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 sub - section (3) of section 3 of the Additional
Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), 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 and Company Affairs (Department of Revenue) No.
7/2003- Central Excise, dated 1st March, 2003, namely,-
In the said notification, in Table, after S. No. 45 and entries
relating thereto, the following S. Nos. and entries shall be inserted,
namely,-
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
|
"46. |
52.07,
52.08 or 52.09 |
The
following goods, namely:- (a)
Woven fabric of cotton not containing any other textile material; (b)
Other woven fabrics of cotton; when
subjected to any one or more of the following processes, namely:- (1)
Calendering (other than clandering with grooved rollers); (2)
Flanellette raising; (3)
Stentering; (4)
Damping on grey and bleached sorts; (5)
Back filling on gray and bleached sorts; (6)
Singeing, that is to say, burning away of knots and loose ends in the
fabrics; (7)
Scouring, that is to say, removing yarn size and natural oil found in
cotton; (8)
Cropping and butt cutting; (9)
Curing or heat setting; (10)
Padding, that is to say, applying starch or fatty material on one or
both side of fabric; (11)
Expanding; or (12)
Hydro extraction with the aid of power, that is to say, mechanical
extracting or mechanical squeezing out water from fabric:
Provided
that process of bleaching, dyeing or
printing or any one or more of these processes have been carried out on
such fabrics without the aid of power or steam.
Explanation.-
For the purposes of the woven fabrics of cotton, calendering shall
include processing of cotton fabrics with the aid of zero-zero machine
without a stenter attachment. |
5% 8% |
Nil Nil |
|
|
47. |
51.10
or 51.11 |
Woven
fabrics of wool when subjected to any one or more of following
processes, namely:- (a)
Calendering with plain rollers; (b)
Blowing (steam pressing): Provided
that process of bleaching, dyeing or printing or any one or more of
these processes are carried out on such fabrics without the aid of power
or steam. |
8% |
Nil |
|
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
|
48. |
54
or 55 |
Woven
fabrics of man made fibres subjected to any one or more of the following
processes, namely:- (1)
Calendering with plain rollers; (2)
Singeing, that is to say, burning away knots and loose ends in fabrics; (3)
Padding, that is to say, application of natural starch to one or both
sides of fabrics; (4)
Back filling, that is to
say, application of starch to one side of the fabrics; (5)
Cropping, that is to say, cutting away mechanically of loose ends from
the fabrics; (6)
Hydro-extraction, that is to say, mechanically squeezing out water from
the fabrics; or (7)
The process of blowing (steam pressing) carried on woven fabrics of
acrylic fibre: Provided
that process of bleaching, dyeing or printing or any one or more of
these processes are carried out on such fabrics without the aid of power
or steam. |
8% |
Nil |
|
|
49 |
59 |
Interlining
fabrics |
10% |
Nil |
|
|
50 |
61
or 62 |
Article
of apparel or clothing accessories when subjected to any one or more of
the following processes, other than the process of affixing a brand name
or trade name, subsequent to purchase, namely:- (1)
labeling or relabeling,
that is to say, attaching or affixing price tag, name of seller of such
goods or instruction regarding usage;
(4)
repacking from bulk packs to retail packs;
(4)
alteration; or
(4)
any other process to make the product marketable. Explanation.-
For the purposes of this notification, '
brand name ' or ' trade name ' means
a name or a trade name, whether registered or not, that is to say, a
name or a mark, such as symbol, monogram, label, signature or invented
word or writing which is used in relation to such specified goods for
the purpose of indicating, or so as to indicate a connection in the
course of trade between such specified goods and some person using such
name or mark with or without any indication of the identity of that
person. |
Nil |
- |
|
F.No
B3/5 /2003-TRU
Sd/-
(V. SIVASUBRAMANIAN)
DEPUTY SECRETARY TO THE
GOVERNMENT OF INDIA