Fuel-efficient motor car [Heading 87.03]

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..... ollowing amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 332/86-Central Excises, dated the 2nd June, 1986, namely :- In the said notification, - (a) after the opening portion and before the Explanation, the following proviso shall be inserted, namely :- "Provided that such fuel efficient motor cars are manufactured under a phase .....

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..... certifying that the failure in achieving the required degree of indigenisation is on account of valid reasons to be recorded in writing and that such failure is marginal. (b) in the Explanation, - (i) in clause (iii), - (a) after the words and brackets "Industrial Development)", the brackets and words "(certificate issued in this regard, hereinafter referred to as the fuel efficiency certifi .....

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..... is not able to produce a fuel-efficiency certificate at the time of clearance such manufacturer shall undertake to the Assistant Collector of Central Excise that he will produce such fuel-efficiency certificate within a period of eight weeks or such further extended period not exceeding four weeks as may be determined by the Collector of Central Excise and also undertake to pay an amount equal to .....

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