Kutch, J & K and North-East Excise Notifications amended

NEW DELHI. The Government has again amended Central Excise Exemption Notifications related to excise exemption in Kutch, North-East, J & K and Sikkim vide several Central Excise Tariff Notifications all dated 10th June 2008.

In respect of iron & steel, cement, starch & coco-butter a uniform rate of 75% of the total duty payable has been specified for computing the refund amount, when these are manufactured starting from specified inputs in the same factory.

For determination of special rate time limit has now been relaxed and manufacturers have been permitted to file such applications by the 30th of September of a financial year. New units commencing production on or after the 1st of April, 2008 will now be entitled to claim refund at a special rate from the date of commencement of commercial production. A manufacturer would be entitled to apply for a special rate if the actual value addition exceeds the prescribed rate by 15%.

The comparison of the refund payable as per value addition with duty paid in cash has now been permitted on annual basis.

The following Central Excise Tariff Notifications have been issued on 10th June 2008

31/2008

Exemption from Excise duty in  North-East Notification No. 32/99 amended 

32/2008

Exemption from Excise duty in North-East  Notification No. 33/99   amended 

33/2008

Exemption from Excise duty in Kutch Notification No. 39/2001  amended 

34/2008

Exemption from Excise duty in J & K Notification No. 56/2002   amended 

35/2008

Exemption from Excise duty in J & K Notification No. 57/2002  amended 

36/2008

Exemption from  Excise duty in J & K Notification No. 56/2003  amended 

37/2008

Exemption from Excise duty in Sikkim Notification 71/2003  amended 

38/2008

Exemption from Excise duty in  North-East Notification No. 20/2007 amended 

In addition to other changes, the following Table has been substituted vide the Notifications:

TABLE

S. No.

Chapter of the First Schedule

Description of goods

Rate

Description of inputs for manufacture of goods in column (3)

(1)

(2)

(3)

(4)

(5)

1.

29

All goods

29

Any goods

2.

30

All goods

56

Any goods

3.

33

All goods

56

Any goods

4.

34

All goods

38

Any goods

5.

38

All goods

34

Any goods

6.

39

All goods

26

Any goods

7.

40

Tyres, tubes and flaps

41

Any goods

8.

72 or 73

All goods

39

Any goods, other than iron ore

9.

74

All goods

15

Any goods

10.

76

All goods

36

Any goods

11.

85

Electric motors and generators, electric generating sets and parts thereof

31

Any goods

12.

25

Cement or cement clinker

75

Limestone and gypsum

13.

17 or 35

Modified starch/glucose

75

Maize

14.

18

Cocoa butter or powder

75

Cocoa beans

15.

72 or 73

Iron and steel products

75

Iron ore

16.

Any chapter

Goods other than those mentioned above in S.Nos.1 to 15

36

Any goods

                The Government had earlier issued the following Notifications on 27th March 2008 amending the existing scheme in Jammu & Kashmir, Kutch, North-East & Sikkim.

16/2008

Exemption from Excise duty in Kutch Notification No. 39/2001 amended 

17/2008

Exemption from Excise duty in North-East Notification No. 32/99 amended 

18/2008

Exemption from Excise duty in North-East  Notification No. 33/99 amended 

19/2008

Exemption from Excise duty in J & K Notification No. 56/2002 amended 

20/2008

Exemption from Excise duty in North-East Notification No. 20/2007 amended 

21/2008

Exemption from  Excise duty in J & K Notification No. 56/2003 amended 

22/2008

Exemption from Excise duty in J & K Notification No. 57/2002 amended 

23/2008

Exemption from Excise duty in Sikkim Notification 71/2003 amended 

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(Source: Allindinataxes)

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