Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

C.E. (6th Amendment) Rules, 1986

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... it unmanufactured products (other than unmanufactured tobacco) in a private store-room on his own premises, he shall apply in the proper form to the Collector for a licence."; (iii) in sub-rule (4), the word "bonded" shall be omitted; (5) rule 48 shall be omitted; (6) in rule 51, in clause (ii), the word "bonded" shall be omitted; (7) in rule 56A, in sub-rule (7), in clause (ii), the words "including execution of a bond," shall be omitted; (8) in rule 56B,— (i) in the heading to that rule, the words "in bond" shall be omitted; (ii) in the opening portion, the words "and subject to the execution of a bond by the manufacturer" shall be omitted; (9) in rules 92D, 96L, 96ZK and 96ZZ, the figures "48," shall be omitted; (10) in rule 96D, in sub-rule (3),— (i) the words ", before the goods are so removed, enter into a bond and" and the figures "153," shall be omitted; (ii) the first and second provisos shall be omitted; (11) in rule 96DD, in sub-rule (2),— (i) the words ", before the goods are so removed, enter into a bond and" and the figures "153,'' shall be omitted; (ii) the first and second provisos shall be omitted; (12) in rule 96E, in sub-rule (3),— .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nnum as may for the time being fixed by the Central Board of Excise and Customs : (b) discharge all penalties imposed for contravention of the provisions of the Act or these rules in respect of such goods."; (21) in rule 173-N,— (i) sub-rule (5) shall be omitted ; (ii) in sub-rule (6), in the substituted sub-rule (1) of rule 156-A, for the words "that the goods are moving under bond of the consignor and such other", the word "such" shall be substituted; (22) in rule 174,— (i) in clause (2), the word "bonded" shall be omitted; (ii) in clause (3), in sub-clause (c), the word "bonded" shall be omitted; (23) in rule 176, in the Table below sub-rule (2), in sub-item (2) of item I, the word "bonded" shall be omitted; (24) in rule 191A,— (i) in sub-rule (4), for the portion beginning with the words "application and shall require" and ending with the words "Provided further", the words "application : Provided" shall be substituted; (ii) in sub-rule (7A), for the words "and subject to the execution of a bond by the manufacturer and subject to such other", the words "and subject to such" shall be substituted; (iii) in sub-rule (12), the words "order the forfeiture of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Form A.L. 5,— (a) the word "bonded", wherever it occurs, shall be omitted; (b) paragraph 3A and the footnote thereto shall be omitted; (iii) in the forms under the Central Excise Series Nos. 15, 17, 18, 19 and 20, the word "bonded", wherever it occurs, shall be omitted; (iv) in the Central Excise Series No. 32-M, for Form B-16 (General Surety/Security) and the entries relating thereto, the following form and entries shall be substituted, namely — FORM B-16 (General Surety/Security) General Bond (with Surety(ies)/Security) for obtaining provisional assessment of goods to excise duty under Rule 9-B, for removal from time to time for export to a foreign country of excisable goods without payment of duty, for due accounting and disposal of excisable goods obtained without payment of the whole or part of the duty for use in special industrial purposes.* (Rules 9-B, 13, 14 and 192) I/We……............of...........……..[hereinafter called "the obligor(s)"] and...…………of............………[hereinafter called "the surety(ies)], am/are held and firmly bound to the President of India (hereinafter called the "President'') in the sum of........................rupees to be paid to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... alf by the Collector, Deputy Collector, Assistant Collector Superintendent of Central Excise, namely..........................) and whereas the obligor has furnished such guarantee by depositing with the Collector the cash/securities as aforementioned; The condition of this bond is that if the obligor and his   representative shall observe all the provisions of the Central Excise Rules, 1944, and all such amendments thereto, as may be issued from time to time to be observed in respect of— B-10 and B-13 (i) provisional assessment of goods to excise duty under rule 9-B; B-1 (ii) export of excisable goods to a foreign country; B-8 (iii) use of excisable goods for special industrial purposes without payment of the whole or part of the duty; B-1 B-8 B-10 and B-13 AND if the relevant and specific goods are duly exported to destination within such time as the Collector directs; and/or all the dues whether excise or other lawful charges, which shall be demandable on the goods obtained by the obligor without payment of the whole or part of the duty and transported from the place of procurement t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tion Signature of Surety Witness (1) Address : Occupation Witness (2) Address : Occupation Signature and date Name…………………………… Designation…………………………… ACCEPTED for and on behalf of the President of India Signature and date Name………………………………….. Designation…………………………… *Delete the words/clauses wherever not applicable +For Security Bond only."; (v) in Form DD-2 to the Central Excise Series No. 56-A the figures and letter "10,", "10-A,", "48,", "153," and "154,", wherever they occur, shall be omitted; (vi) in Form AR. 3 to the Central Excise Series No. 59,— (a) the word "bonded" and the figures "156," shall be omitted; (b) the words, letters and figures,— I/We have executed a bond in Form B-5 (Sur.) or (Sec.) "† 2. bearing No.………...dated...................for Rupees...................( Attached in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates