Specified goods [Chapter 74] - 149/86 - Central Excise - Tariff

Specified goods [Chapter 74] Notification No. 149/86-C.E. Dated 1-3-1986 In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 174/84-Central Excises, dated the 1st August, 1984, the Central Government hereby exempts goods of the description specified in column (3) of Table hereto annexed and falling under sub-heading Nos. of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), specified in the corresponding entry in column (2) of the said Table, from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) thereof. TABLE S. No. Sub-heading No. Description of goods Rate (1) (2) (3) (4) 1. 7401.00 and 7410.00 Unwrought copper in any form (refined or not, including blister copper and cement copper), including ingots, notched bars, wire bars, blocks, slabs, billets, shots, pellets, cathodes and cakes, castings not otherwise specified. Nil 2. 7403.11 and 7403.19 Wrought bars and rods (including wire rods),— (i) of brass Nil (ii) other than of brass Rs. 2,900 per tonne 3. 7404.00 Sheets and circles produced in a rolling mill and cleared therefrom in an untrimmed condition. Rs. 660 per tonne 4. 7404.00 and 7406.00 Wrought plates, sheets, blanks (including circles), strips and foils of copper. Rs. 1,200 per tonne: Provided that the said goods are made from copper and articles thereof (hereinafter referred to as "inputs"), falling under the heading Nos. 74.01 to 74.10 of the said Schedule and on which the duty of excise leviable under section 3 of the Central Excises and Salt Act, 1944 (1 of 1944) or the additional duty leviable under the Customs Tariff Act, 1975 (51 of 1975), as the case may be, has already been paid: Provided further that no credit of the duty paid on the said inputs has been taken under rule 56A or rule 57A of the said rules : Provided also that nothing contained in this notification shall apply to copper and articles thereof produced or manufactured by a primary producer. Explanation. - For the purposes of this notification,— (1) the expression "primary producer" means any person licensed or registered under the Industries (Development and Regulation) Act, 1951 (65 of 1951), who produces copper from copper ore; (2) all stocks of inputs in the country except such stocks as are clearly recognisable as being non-duty paid, shall be deemed to be inputs of which the duty has already been paid.