TMI BlogAmendment to Notification Nos. 5/94-C.E. (N.T.), 24/94-C.E. (N.T.) and 29/96-C.E. (N.T.)X X X X Extracts X X X X X X X X Extracts X X X X ..... er amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said table. TABLE S. No. Notification No. and date Amendment (1) (2) (3) 1. 5/94-Central Excise (N.T.), dated the 1st March, 1994 In the said notification, - (a) for the words, brackets and figures "final products described in column (3) of the Table hereto annexed and in respect of which, -" the words, brackets and figures "final products described in column (3) of the Table hereto annexed and in respect of which ninety five per cent. of, -" shall be substituted; (b) in the first proviso, - (i) in clause (1), for the words "to the extent of duty", the words "to the exten ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... puts - (iii) received in the factory of the manufacturer of final products; or (iv) produced or manufactured in a free trade zone or by a hundred per cent. export-oriented undertaking or by a unit in an Electronic Hardware Technology Park or Software Technology Parks and received in the factory of the manufacturer or final products in any other place in India, on or before the 1st day of June, 1998 shall be allowed to the extent of the duty paid on such inputs :"; (c) in the Table, against S. No. 2, for the entry in column (2), the following entry shall be substituted, namely :- "Fabrics of cotton or man-made fibres, whether or not subjected to any process". 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the processing of fabrics with the aid of power along with the spinning of yarn from fibres and weaving or knitting or crocheting of fabrics in one or more factories owned by the same public limited company"; (4) after Explanation II, the following Explanation shall be inserted, namely :- "Explanation III. - For removal of doubts, it is clarified that the provisions of paragraph 4 shall not apply to a manufacturer who avails of any credit, under any notification issued under sub-rule (1) of rule 57A of the Central Excise Rules, 1944, in respect of the said inputs where the said inputs are used in manufacture of final products other than the said final products.". - Notification Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
