TMI BlogNE Region – Exemption from Excise Duty (Chapter 24)X X X X Extracts X X X X X X X X Extracts X X X X ..... xcisable goods of the description specified in column (3) of the Table below and falling within the sub-heading No. of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), as specified in the corresponding entry in column (2) of the said Table- (a) from so much of the duty of excise specified thereon under the First Schedule to the said Central Excise Tariff Act, (hereinafter referred to as the basic excise duty ), as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table; (b) from so much of the special duty of excise specified thereon under the Second Schedule to the said Central Excise Tariff Act, (hereinafter referred to as the special excise duty ), as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onal excise duty, paid, shall be utilised by the manufacturer only for investment in plant and machinery in a manufacturing unit which is located in the State of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland or Tripura; (C) the investment in terms of condition (B), shall be made before the expiry of six months from the end of each quarter; (D) the manufacturer shall provide all details relating to the investment made in terms of condition (B), within one month after the expiry of the period of six months referred to in condition (C), to a Committee consisting of, the Chief Commissioner of Central Excise, Shillong, the Principal Secretary of the Department of Industry of the State concerned in which the unit is located an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (1) (2) (3) (4) (5) (6) 1. 2401.90 All goods 8% 8% 5% 2. 2402.00 All goods 8% Nil Nil 3. 2404.41 All goods 8% 6% 6% 4. 2404.49 All goods 8% 6% 6% 5. 2404.50 All goods 8% 6% 6% 6. 2404.99 All goods 8% 6% 6% [F.No.354/29/2003-TRU] (Please refer Cir. No. 740/56/2003-CE, Dt. 29/08/2003 for the Salient Features of the Exemption Scheme) ************************* Notes : 1. (In above line 20, 21 and 22 '1997' read '1999' vide CORRIGENDUM DT. 05/09/2003) - Notification Tax Management India - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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