TMI BlogExcess of the amount calculated at the rateX X X X Extracts X X X X X X X X Extracts X X X X ..... se Tariff Act, 1985(5 of 1986) ; and (b) the special duty of excise specified thereon in the Second Schedule to the said Central Excise Tariff Act, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table.] TABLE S.No. Clearances Rate of duty (1) (2) (3) 1. First clearances upto an aggregate value not exceeding fifty lakh rupees made on or after the 1st day of April in any financial year. Sixty percent of normal rate of duty 2. Clearances upto an aggregate value not exceeding fifty lakh rupees immediately following the clearances specified against S.No.1 above during the financial year Eighty percent of normal rate of duty 3. All clearances of the specified goods which are used as inputs for further manufacture of any specified goods within the factory of production of the specified goods. Nil 2. The exemption contained in this notification shall apply only subject to the following conditions, namely - (i) a manufacturer who intends to avail the exemption under this notification shall exercise his ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es having an aggregate value of rupees twent lakhs. He is entitled under this notification to additional clearances of an aggregate value of rupees thirty lakhs at the concessional rate of 60% of normal duty and further clearances of an aggregate value of rupees fifty lakhs at the concessional rate of 80% of normal duty. ILLUSTRATION IV : A manufacturer has availed of full exemption on any goods during a financial year upto an aggregate value of rupees fifty lakhs under notification No. 8/99-CE dated the 28th February, 1999. He has subsequently availed of the concessional rate of duty of five percent ad valorem on clearances having an aggregate value of rupees twenty lakhs under the same notification, when he opts to avail this exemption. He is entitled under this notification to additional clearances of an aggregate value of rupees thirty lakhs at the concessional rate of 80% of normal duty. (iv) where a manufacturer clears the specified goods from one or more factories, the exemption in his case shall apply to the aggregate value of clearances mentioned against each of the serial numbers in the said Table, and not separately for each factory; (v) where the specified goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... i and Village Industries Commission; or (ii) a State Khadi and Village Industry Board; or (iii) the National Small Industries Corporation; or (iv) a State Small Industries Development Corporation; or (v) a State Small Industries Corporation. 3 ( c)where the specified goods are manufactured in a factory located in a rural area. 4 5.This notification shall come into force on the 1 st day of April, 1999 and shall remain in force upto and inclusive of the 31st day of March, 2000 Explanation .- For the purposes of this notification, - (A) "brand name" or "trade name" shall mean a brand name or 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; (B) where specified goods manufactured by a manufacturer bear a brand name or trade name, whether registered or not, of another manufacturer or trader, such specified ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a"" means the area comprised in a village as defined in the land revenue records, excluding- (i) the area under any municipal committee, municipal corporation, town area committee, cantonment board or notified area committee, or (ii)any area that may be notified as an urban area by the Central Government or a State Government.' ANNEXURE 1.All goods specified in the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), other than the following , namely,- (i) all goods which are chargeable to nil rate of duty or are exempt from the whole of the duty of excise leviable thereon ; (ii) all goods falling under heading No.09.02; (iii) all goods falling under heading No.21.06 and sub-heading Nos. 2101.10 and 2101.20; (iv) all goods falling under Chapter 24 of the said Schedule (other than unbranded chewing tobacco and preparations containing chewing tobacco, falling under heading No. 24.04 of the said Schedule); (v) all goods falling under heading No. 25.04; (vi) sandalwood oil, all goods falling under heading Nos 33.04 and 33.05, and sub heading Nos 3307.10, 3307.20, 3307.31, 3307.39, 3307.50 and 3307.90; (vii) all goods falling under heading No. 36.05; (viii) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... coated or laminated with preparations of low-density polyethylene; (xx) all goods falling under Chapter 60 of the said Schedule except goods falling under sub-heading No.6002.10 and fabrics of cotton man-made fibres not subjected to any process falling under heading Nos. 60.01 or 60.02; (xxi) all goods falling under Chapter 61 of the said Schedule; (xxii)all goods falling under Chapter 62 of the said Schedule; (xxiii)blankets of wool falling under Chapter 63 of the said Schedule; (xxiv) all goods falling under heading Nos 72.06, 72.07, 72.18, 72.24, cold rolled stainless steel pattis / pattas falling under chapter 72; ingots and billets of non alloy steel falling under sub-heading Nos 7206.90 and 7207.90 and hot re-rolled products of non-alloy steel, falling under sub-heading Nos. 7211.11, 7211.19, 7211.30, 7211.52, 7211.59, 7211.60, 7211.92, 7211.99, 7213.90, 7214.90, 7215.90, 7216.10 and 7216.90, on which the duty of excise is paid under section 3A of the Central Excise Act, 1944(1 of 1944); 2 (xxv) (A) all goods falling under- (a) heading No. 74.03, excluding the following goods falling under sub-heading No. 7403.21- (i) Cast brass bars / rods of a length not ..... 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