TMI BlogExemption to fuel-efficient motor cars of engine capacity exceeding 1000 cubic centimetres [Ch. 87]X X X X Extracts X X X X X X X X Extracts X X X X ..... he powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts fuel-efficient motor cars of engine capacity exceeding 1000 cubic centimetres, falling under heading No. 87.03 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urer also produces a certificate from an officer not below the rank of a Joint Secretary in the Ministry of Industry (Department of Industrial Development) certifying that the failure in achieving the required degree of indigenisation is on account of valid reasons to be recorded in writing and that such failure is marginal. Explanation :- For the purposes of this notification, "fuel-efficient ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Defence, Ahmednagar (Maharashtra), having regard to the following, namely :- (a) the fuel-efficiency test shall be conducted - (i) with a payload of 375 kilograms in the case of a motor car of engine capacity exceeding 1000 cubic centimetres but not exceeding 1400 cubic centimetres, and (ii) with a payload of 450 kilograms in the case of a motor car of engine capacity exceeding 1400 cubic c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a period of six months from the date of issue. 3. Where a manufacturer is entitled for exemption under this notification but is not able to produce a fuel-efficiency certificate at the time of clearance such manufacturer shall undertake to the Assistant Collector of Central Excise that he will produce such fuel-efficiency certificate within a period of eight weeks or such further extended period ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
