TMI BlogNotification exempts from the operation of rule 9 (Registration) of the Central Excise (No. 2) Rules, 2001X X X X Extracts X X X X X X X X Extracts X X X X ..... is notification: b. that where the exemption from the whole of the duty of excise leviable on the said goods is granted, based on the value of clearances made in a financial year (hereinafter referred to as full exemption limit ), no such declaration shall be filed, if the aggregate value of the said goods cleared - i. by a manufacturer from one or more factories, or ii. from any factory by one or more manufacturers, for home consumption, was less than the specified limit during the preceding financial year or in case of a new factory or manufacturer, such value of clearances is estimated to remain less than the specified limit during the current financial year; 1 [Provided that a manufacturer availing exemption under clause (b), shall file a revised declaration for the previous year 2007-08 by 31 st October, 2008: Provided further that an independent weaver who intends to opt for the procedure specified in rule 8A of the CENVAT Credit Rules,2002 , shall file an application in the form specified in Annexure-IA to the notification No.35/2001-Central Excise(N.T.) , dated 26th June, 2001 (G.S. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... benefit of exemption extending concessional rate of duty; vi. every job worker, who undertakes job work in respect of final products falling under 8 [Chapter 61 or 62] of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), on behalf of any other person who shall pay the duty or duties of excise leviable on the said goods, under sub-rule (3) of rule 4 and comply with all procedural formalities and discharge all liabilities under the Central Excise Act, 1944 (1 of 1944) and the rules made thereunder, in respect of the goods manufactured on behalf of the said other person: Provided that the above exemption shall not apply to the job worker who may be authorised to pay the duty of excise leviable on such final products manufactured by him on behalf of such other person in accordance with the proviso to sub-rule (3) of rule 4 of the said rules. Explanation .- For the purposes of this proviso, the expression job worker shall have the meaning assigned to it in sub-rule (3) of rule 4; 2. hereby declares that where a 6 [hundred percent export oriented undertaking or a unit in Export Processing Zone or a unit in Special Economic Z ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d Schedule, cleared for home consumption in a financial year, reaches the full exemption limit or as soon as the goods mentioned in the Schedule become chargeable to duty. I/We undertake to maintain such records and follow such procedure as may be specified by the Commissioner in relation to the exempted goods. I/We also undertake to intimate any change in the information furnished in the said Schedule. 1A [THE SCHEDULE 1. Name and full address of the factory: 2. Name and addresses of other factories/manufacturers (producing such goods) in whom the manufacturer claiming the exemption has proprietary interest: 3. Status of business (tick only one box): Proprietorship Partnership Registered Company Unregistered Company Trust Society Others 4. Permanent Account Number (PAN) allotted by the Income tax Deptt: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e, availed Sr. No. in the notification (if any). 1. 2. 3. 4. 5. 6. (Signature of the Declarant)] Note.- 1. Portion of the Form/Schedule that is not relevant may be deleted. 2. Where the goods are exempted from the Tariff, the relevant provision giving such exemption may be mentioned in column (5) against particular Tariff sub-heading. . 3. This notification shall come into force on 1st day of April, 2005.] F. No. 201/12/2001-CX.6 (P.K. Sinha) Under Secretary to the Government of India *************************** Notes: 1. Has been substituted vide Notification No. 40/2008 dated 29/9/2008 CE (NT) before it was inserted vide Notification No. 53/2003 CE (NT) dated 9/6/2003 as, Provided that an independent weaver who intends to opt for the procedure specified in rule 8A of the CENVAT Credit Rules, 2002, shall file an application in the form specified in Annexure-IA to the notification No. 35/2001-Central Excise(N.T.), dated 26th June, 2001 (G.S.R. 464 (E), dated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 3. Has been substituted vide Notification No.14/2005 CE (NT) dated 1/3/2005 4. For the words every manufacturer , the words every person, other than the said person referred to in sub-rule (1) of rule 12B of the Central Excise Rules, 2002, has been substituted vide Notification No. 26/2003 CE(NT) dated 25/3/2003 5. The proviso and the Explanation has been omitted vide Notification No. 26/2003 CE(NT) dated 25/3/2003 6. For the words and figures hundred percent export oriented undertaking, or a unit in Free Trade Zone or Special Economic Zone, is licensed or appointed, as the case may be, under the provisions of the Customs Act, 1962, such hundred percent export oriented undertaking or unit in Free Trade Zone or Special Economic Zone , the words, brackets and figures hundred percent export oriented undertaking or a unit in Export Processing Zone or a unit in Special Economic Zone, is licensed or appointed, as the case may be, under the provisions of the Customs Act, 1962 (52 of 1962), such undertaking or unit , has been ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
