TMI BlogAddition in Exemption (Motor spirit, (commonly known as petrol))X X X X Extracts X X X X X X X X Extracts X X X X ..... the Central Excise Act, 1944(1 of 1944), read with sub-section (3 ) of section 147 of the Finance Act, 2002 (20 of 2002) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India, in the erstwhile Ministry of Finance ( Department of Revenue), specified in column(2) of the Table hereto anne ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... specification 2796. Explanation: For the purposes of this exemption "appropriate duties of excise" shall mean the duties of excise leviable under the First Schedule and Second Schedule to the Central Excise Tariff Act, 1985 ( 1 of 1986), the additional duty of excise leviable under the Finance (No.2) Act, 1998 (21 of 1998) and the special additional excise duty leviable under section 147 of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... laid down in the Central Excise ( Removal of Goods) at Concessional Rate of Duty for Manufacture of Excisable Goods Rules , 2001. Five rupees and seventy paise per litre 1B 5% ethanol blended petrol that is a blend ,- a) consisting, by volume, of 95% Motor spirit, (commonly known as petrol), on which the appropriate duties of excise have been paid and ,of 5% ethanol on which th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Central Excise, dated the 1st March, 2002 was published in the Gazette of India, Extraordinary vide G.S.R 127 (E) dated the 1st March, 2002, notification No. 55/2002-Central Excise, dated the 7th November , 2002 (G.S.R 752 (E) dated the 7th November, 2002, and was last amended by NTF. NO. 01/2003-CE, DT. 02/01/2003). 2) The principal notification No. 28/2002-Central Excise, dated the 13th May, 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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