TMI BlogSSI exemption scheme effective from 1.4.2001 for units availing Cenvat creditX X X X Extracts X X X X X X X X Extracts X X X X ..... of excisable goods of the description specified in the Annexure appended to this notification (hereinafter referred to as the specified goods), from so much of each of the duties of excise specified thereon in the First Scheduleto the Central Excise Tariff Act, 1985 ( 5 of 1986) or the Second Schedule to the said Central Excise Tariff Act, as the case may be, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the said Table:- 1 [Provided that nothing contained in this notification shall apply to a manufacturer who has availed the exemption under Notification No. 39/2001-CE, dated the 31st July, 2001 in the same financial year.] Table S.No. Value of Clearances Rate of duty (1) (2) (3) 1. First clearances upto an aggregate value not exceeding one hundred lakh rupees made on or after the 1 st day of April in any financial year . 3 [Provided that in the financial year 2001-2002, in the period beginning with the 1st day of March, 2002 and ending on the 31st day of March, 2002, both days inclusive, the aggregate value of clearances of,- a) air guns, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting the aggregate value of clearances, as specified in the said Table. Illustration1 .- A manufacturer who has been paying the normal duty on any goods during a financial year opts to avail of this exemption after making clearances having an aggregate value of rupees twenty lakhs, he is entitled under this notification to additional clearances of an aggregate value of rupees eighty lakhs at the concessional rate of sixty per cent. of normal duty . Illustration 2 .- A manufacturer who has been availing of full exemption on any goods during a financial year under notification No. 8/2001-Central Excise , dated the 1st March, 2001, opts to avail of this exemption after making clearances having an aggregate value of rupees twenty lakhs, he is entitled under this notification to additional clearances of an aggregate value of rupees eighty lakhs at the concessional rate of sixty per cent. 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 s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ame or trade name, whether registered or not, of another person, except in the following cases, namely :- (a) where specified goods, being in the nature of components or parts of any machinery or equipment or appliances, are cleared for use as original equipment in the manufacture of the said machinery or equipment or appliances by following the procedure laid down in 13 [the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of A Excisable Goods) Rules, 2001]: Provided that manufacturers, whose aggregate value of clearances for home consumption of such specified goods for use as original equipment does not exceed rupees one hundred lakhs in the financial year 2000-2001, as calculated in the manner specified in paragraph 1 , may submit a declaration regarding such use instead of following the procedure laid down in 14 [the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001]; (b) where the goods bear a brand name or trade name of- (i) the Khadi and Village Industries Commission; or (ii) a State Khadi and Village Industry Board; or (iii) the National Small Industries ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l be taken into account ; (F) "normal rate of duty" means (i) in the case of goods leviable to duty under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), at the rate specified for such goods in that Schedule read with any relevant notification (other than this notification or a notification in which exemption is based on the value or quantity of clearances) issued under sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944). (ii) in the case of goods leviable to duty under the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), at the rate specified for such goods in that Schedule read with any relevant notification (other than this notification or a notification in which exemption is based on the value or quantity of clearances) issued under sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944). (G) "clearances for home consumption" shall also include clearances for export to Bhutan and Nepal. (H) "rural area" 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, canton ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... os. 51.10 or 51.11) and 51.12; (xi) all goods falling under Chapter 52 of the First Schedule other than goods falling under heading No. 52.04; (xii) all goods falling under Chapter 53 of the First Schedule except goods falling under heading Nos. 53.01, 53.02, 53.04, 53.05,53.08(other than goods falling under sub-heading No. 5308.14), 53.11(other than woven fabrics of ramie); (xiii) all goods falling under Chapter 54 of the First Schedule except goods falling under heading Nos. 54.01; (xiv) all goods falling under Chapter 55 of the First Schedule except goods falling under heading Nos. 55.05, 55.08 and shoddy yarn manufactured from used or new rags falling under heading No. 55.09 or 55.10; (xv) all goods falling under Chapter 56 of the First Schedule except goods falling under heading Nos. 56.01, 56.02, 56.03, 56.04, 56.05 11 [****] , chenille yarn falling under sub-heading No. 5606.00,56.07( other than of jute), 56.08 and 56.09; (xvi) all goods falling under Chapter 57 of the First Schedule; (xvii) all goods falling under Chapter 58 of the First Schedule except goods falling under heading ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aw means a mechanically propelled cycle or, as the case may be, mechanically propelled cycle rickshaw, which may also be peddled, if any necessity arises for so doing)]; (xxvi) all goods falling under heading Nos 91.01 or 91.02 ; (xxvii) [9] [ 12] (xxvii) all goods falling under a) heading Nos. 93.02, 93.03, 93.04 [except air guns, air rifles and air pistols which are exempt from the provisions of the Arms Act, 1959 (54 of 1959)]; b) heading Nos. 93.06 and 93.07 (except parts falling under heading Nos. 93.06 or 93.07); (xxviii) all goods falling under sub-heading No. 9605.10. F. No 334/1/2001-TRU (T.R. Rustagi) Joint Secretary to the Government of India ******************************* Notes : 1. Has been inserted vide Notification No. 40/2001-CE, dated 31/7/2001 2. Has been inserted vide Notification No.22/2002 -CE., Dated t.11/3/2002 3. Has been inserted vide Notification No.11/2002 -CE., Dated 1/3/2002 4. Has been added vide Notification No. 23/2001-CE, dated 30/04/2001 5. Has been added vide Notification No. 23/2001-CE, dated 30/04/2001 6. Has been Omitted vide Notification No. 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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