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TMI BlogExemption to specified items if manufactured in a factory as a job work and used in the manufacture of final products or cleared as such from the factory of supplier of raw material or semi-finished goodsX X X X Extracts X X X X X X X X Extracts X X X X ..... pecial Importance) Act, 1957 (58 of 1957), (herein after referred to as Special Importance Act), and sub-section (3) of section 136 of the Finance Act, 2001 (14 of 2001), 8[and sub-section (3) of section 136 of the Finance Act, 2001 (14 of 2001), the Central Government,] being satisfied that it is necessary in the public interest so to do} hereby exempts goods specified in 2[column (1)] of the Table hereto annexed (herein after referred to as the "said goods") manufactured in a factory as a job work and:- (a) used in relation to the manufacture of final products, specified in 3[column (2)] of the said Table, (i) on which duty of excise is leviable in whole or in part; or (ii) for removal to a unit in a 14[Special Economic Zon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ty is available under notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 108/95-C.E.,dated the 28th August, 1995, 12{from whole of the duty of excise leviable thereon, 13[which is specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the additional duty of excise leviable thereon, which is specified in the Schedule to the said Special Importance Act} and National Calamity Contingent duty leviable under sub-section (1) of section 136 of the Finance Act, 2001 (14 of 2001).] (2) The exemption contained in this notification shall be applicable only to the said goods in respect of which, - (i) the supplier of the raw materials or semi-finished g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... undertakes the responsibilities of discharging the liabilities in respect of Central Excise duty leviable on the final products. Explanation I. - For the purposes of this notification, the expression "job work" means processing or working upon of raw materials or semi-finished goods supplied to the job worker/ so as to complete a part or whole of the process resulting in the manufacture or finishing of an article or any operation which is essential for the aforesaid process. Explanation II - 1[Omitted ] Description of inputs Description of final products (1) (2) All goods falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), other than polyester filament yarn falling under heading 5402 and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ated 5/4/2000 5. Has been inserted vide Notification No. 49/2002 dated 16/9/2002 6. For the words "light diesel oil", the words and figures "polyester filament yarn falling under heading No.54.02, light diesel oil" has been substituted vide Notification No. 26/2004 dated 9/7/2004 before for the words "high speed diesel oil", the words "light diesel oil, high speed diesel oil" has been substituted vide Notification No. 16/2003 dated 1/3/2003 7. For the words, brackets and figures " sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government", the words, brackets and figures "sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mportance Act" has been substituted vide Notification No. 20/2003 dated 25/3/2003 13. For the words, figures and brackets "which is specified in the Schedules to the Central Excise Tariff Act, 1985 (5 of 1986), the additional duty of excise leviable thereon, which is specified in the Schedule to the said Special Importance Act", the words, figures and brackets "which is specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the additional duty of excise leviable thereon, which is specified in the Schedule to the said Special Importance Act and National Calamity Contingent duty leviable under sub-section (1) of section 136 of the Finance Act, 2001 (14 of 2001) ", ..... X X X X Extracts X X X X X X X X Extracts X X X X
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