TMI BlogExempts all goods falling under sub-heading 2401.90, 2402.00, 2404.41, 2404.49, 2404.50 or 2404.99 if produced in North East EstatesX X X X Extracts X X X X X X X X Extracts X X X X ..... the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), and sub-section (3) of section 136 of the Finance Act, 2001 (14 of 2001), and in supersession of the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No 69/2003-Central Excise, dated the 25th August, 2003, published in Gazette of India, vide, G.S.R. 679(E), dated the 25th August, 2003, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all goods falling under sub-heading 2401.90, 2402.00, 2404.41, 2404.49, 2404.50 or 2404.99 of the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from the whole of the duties of exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (ii) infrastructure or civil works or social projects in the State of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland or Tripura; 1 [(C) the investment in terms of condition (B) shall be made in the following manner, namely:- (i) an amount equal to the sum of basic excise duty, special excise duty, additional excise duty and National Calamity Contingent Duty, payable in a quarter, but for the exemption under this notification, shall be deposited by the manufacturer, within sixty days from the end of the quarter, in an escrow account opened by the manufacturer, for this purpose, in a bank authorized for excise duty collection; (ii) operations including withdrawals from and closure of the said escrow account shall ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... retary or the Secretary or the Commissioner in the Department of Industry of the State in which the investment is being made,] giving details of deposits made in and withdrawal made from, the escrow account, along with details of investment, made during the quarter; (ii) provide all details relating to the investment made in terms of condition (B), not later than one month after the expiry of the period of two years referred to in condition (C), to the said Committee; (iii) prove to the satisfaction of the said Committee that the investment has been made for the purposes specified in condition (B); (E) if the Committee referred to in condition (D) is satisfied that the investment as specified in condition (B), has been made, it sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 [2. The exemption contained in this notification shall not be available to goods cleared on or after the 1st day of March, 2007: Provided that for the goods cleared on or before 28th February, 2007 and in respect of which the exemption has already been availed of, the conditions specified in this notification shall continue to apply.] [F.No.356/29/2003-TRU] (G. S. Karki) Under Secretary to the Government of India ********************************** Notes : 1. Has been substituted vide Notification No. 28/2004-CE dated 09/07/2004 2. Has been inserted vide Notification No. 11/2007 CE dated 1/3/2007 3. Has been substituted vide Notification No. 1/2009 CE dated 12/1/2009 , before it was read as, Co ..... X X X X Extracts X X X X X X X X Extracts X X X X
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