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Seeks to provide effective rates of Infrastructure Cess on specified goods.

Allied Laws - 01/2016 - Dated:- 1-3-2016 - GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 1/2016 - Infrastructure Cess New Delhi, the 1st March, 2016 G.S.R. 255 (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with 1[sub-section (3) of section 162 of the Finance Act, 2016 ],2[***], the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts .....

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ct to the relevant conditions annexed to this notification, if any, specified in the corresponding entry in column (5) of the table aforesaid: Table Sl. No. Heading Description of excisable goods Rate Condition No. (1) (2) (3) (4) (5) 1 8703 Motor vehicles cleared as ambulances duly fitted with all the fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such motor vehicles Nil - 2 8703 Motor vehicles (other than three wheeled motor vehicles for transport .....

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or more electrical batteries fitted to such road vehicles and shall include electric motor-assisted cycle rickshaws driven by rechargeable solar batteries, also known as soleckshaw Nil - 5 8703 Hybrid motor vehicles Explanation.- For the purpose of this entry, hybrid motor vehicle means a motor vehicle, which uses a combination of battery powered electric motor and an internal combustion engine to power the vehicle to drive trains, but does not include such micro-hybrid motor vehicle with start .....

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9 8703 Motor vehicles of length not exceeding 4000 mm, namely petrol, liquefied petroleum gases (LPG) or compressed natural gas (CNG) driven vehicles of engine capacity not exceeding 1200 cc Explanation.- For the purpose of this entry, the specification of the motor vehicle shall be determined as per the Motor Vehicles Act, 1988 (59 of 1988) and the rules made there under 1% - 10 8703 Motor vehicles of length not exceeding 4000 mm, namely diesel driven vehicles of engine capacity not exceeding 1 .....

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e of clearance of the vehicle; (b) the manufacturer takes credit of the amount equal to the amount of Infrastructure Cess paid in excess of that specified under this exemption, in the Account Current, maintained in terms of Part V of the Excise Manual of Supplementary Instructions issued by the Central Board of Excise and Customs and thereafter files a claim for refund of the said amount of Infrastructure Cess before the expiry of six months from the date of payment of duty on the said motor veh .....

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been registered for sole use as ambulance or taxi, as the case may be, within three months or such extended period not exceeding a further period of three months as the said Deputy Commissioner of Central Excise or Assistant Commissioner of Central Excise, as the case may be, may allow, from the date of clearance of the said motor vehicle from the factory of the manufacturer; (3) a copy of the document evidencing the payment of Infrastructure Cess, as payable in paragraph (a) above; (4) where th .....

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ssioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, within seven days of the receipt of the said claim for refund, after such verification as may be necessary, shall determine the amount refundable to the manufacturer and shall intimate the same to the manufacturer. In case the credit taken by the manufacturer is in excess of the amount so determined, the manufacturer shall, within five days from the receipt of the said intimation, reverse the said exce .....

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