Circular No. 247/81/96-CX I am directed to say that doubts have been expressed as to whether the process of tinting of duty paid base white paid base white paint with duty paid stainer to obtain paint of different shades amounts to different shades amounts to manufacture within the meaning of Section 2(f) of the Central Excise Act, 1944.
Custodians shall adopt the Uniform Good/Bad Delivery Norms, including norms for rectification of bad deliveries through Bad Delivery Cell, framed by SEBI and circulated to all the stock exchanges, as amended from time to time.
The no delivery period observed by custodians should be in accordance with the norms specified by the relevant exchange.
Circular No. 246/80/96-CX I am directed to refer to erstwhile notification No. 75/94-CE dated 1.3.1984. Gases falling under Chapter 27, 28 or 29 produced in a factory and allowed to escape in the atmosphere by flare system or otherwise were exempt from excise duty vide S.No. 14 of the notification.
