70. In the Central Excise Tariff Act, 1985 (5 of 1986.) (hereinafter referred to as the Central Excise Tariff Act),—
(a) the First Schedule shall,—
(i) be amended in the manner specified in the Tenth Schedule;
(ii) also be amended in the manner specified in the Eleventh Schedule with effect from the 1st day of January, 2012;
(b) the Third Schedule shall be amended in the manner specified in the Twelfth Schedule.ss
Notes on Clauses:
Clause 70 of the Bill seeks to amend the First Schedule and the Third Schedule to the Central Excise Tariff Act.Item (i) of sub-clause (a) of said clause 69 seeks to amend the
First Schedule in the manner provided in the Tenth Schedule so
as to,-
(i) amend Note 5 of Chapter 15 so as to insert headings 1501, 1502, 1503, 1504 and 1505 and tariff item 1516 10 00 therein;
(ii) enhance the tariff rate in respect of certain goods falling in Chapter 14, 15, 16, 19, 21, 22, 27, 30, 32, 38, 39, 46, 47, 48,49 56, 58, 69, 70, 71, 84, 88, 89, 90, 93, 94 and 96;
(iii) insert a new Note 7 in Chapter 22 so as to provide that in relation to products of this Chapter, labelling or relabelling of containers or packing or repacking from bulk packs to retail packs or the adoption of any other treatment to render the product marketable to the consumer, shall amount to “manufacture”;
(iv) insert a new Note 4 in Chapter 26 to provide that the process of converting ores into concentrates shall amount to manufacture;
(v) prescribe a tariff rate of 10% against tariff items 5307 10 10, 5307 10 90 and 5307 20 00;
(vi) insert two new Notes 4 and 5 in Chapter 63 so as to provide that affixing a brand name on the product, labelling or re-labelling, or repacking from bulk packs to retail packs or the adoption of any treatment to render the product marketable to the consumer, shall amount to “manufacture” and to define the expression “brand name”;
(vii) insert a new Note 14 in Chapter 71 to provide that the process of refining of dore bar shall amount to “manufacture”;
(viii) specify a tariff rate of 10% against tariff items 7106 10 00, 7106 91 00 and 7106 92 90.Item (ii) of sub-clause (a) of said clause 69 seeks to amend the First Schedule to the Central Excise Tariff Act to incorporate therein the amendments approved by the Customs Co-operation Council (World Customs Organisation) in the legal text of the International Convention on the Harmonised Commodity Description and Harmonised Coding System to align the said Schedule with effect from the 1st day of January, 2012, with the Harmonised System of Nomenclature in the manner specified in Eleventh Schedule.
Sub-clause (b) of the said clause 69 seeks to amend the Third Schedule to the Central Excise Tariff Act so as to include specified goods which have been notified for levy of excise duty under section 4A of the said Act with retrospective effect from the dates on which they were so notified as specified in Twelfth Schedule.
