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Seeks to suitably amend specified notifications relating to area based exemptions, so as to carry out Budgetary changes

Central Excise - 05/2016 - Dated:- 1-3-2016 - GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 5/2016 - Central Excise New Delhi, the 1st of March, 2016 G.S.R. 222 (E). - In exercise of the powers conferred by sub-sect .....

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of Excise (Textile and Textile Articles) Act, 1978, (40 of 1978), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby further amends the following notifications of the Government of India in the Minis .....

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2) (3) 1. 56/2002-Central Excise, dated the 14th November, 2002. [G.S.R. 764 (E), dated the 14th November, 2002] In the said notification, after paragraph 5, the following paragraph shall be inserted, namely :- 6. The exemption contained in this noti .....

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rial unit as on 1st of March, 2016, which undertakes substantial expansion of existing capacity or installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such .....

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th November, 2002. [G.S.R. 765 (E), dated the 14th November, 2002] In the said notification, after paragraph 5, the following paragraph shall be inserted, namely :- 6. The exemption contained in this notification shall not apply to: (a) a new industr .....

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rtakes substantial expansion of existing capacity or installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machine .....

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h April, 2007] In the said notification, after paragraph 7, the following paragraph shall be inserted, namely :- 8. The exemption contained in this notification shall not apply to: (a) a new industrial unit engaged in production of refined gold or si .....

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installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machinery or capital goods, and commences commercial produc .....

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