The exporters concerned are advised to submit the revised data within 4 weeks from the date of issue of this public Notice to this office, in the form given in “Sub Section XII of Aayaat-Niryaat Form” along with the information required in terms of Appendix-33. ALC concerned would finalise the revision within 4 months from the date of issue of this Public Notice.
The licencing Authority shall compare the self certified copy of relevant portion of Appendix-23 with that of the norms applied in a particular licence and the actual quantity imported in that licence. In this verification process, in case the licence holder has consumed lesser quantity of inputs than imported, customs duty on the unutilized value of imported material along with interest at the rate of 15% per annum thereon is payable.
The matter has been considered in consultation with Central Board of Excise & Customs. It is, accordingly, clarified that since EPCG Scheme is implemented through end use based notifications, the goods being cleared from an EOU under EPCG Scheme would attract a Central Excise Duty equal to aggregate of effective customs duty leviable on like goods imported i.e. Duty calculated after applying end use based notification as per circular dated 15.9.1994 issued from CBEC F.No.305/83/94-FTT. Therefore, EOUs can clear goods under EPCG licence at concessional rate of duty and there is no requirement for any other separate exemption notification in this regard.
For the Jurisdiction of Commissioner of Central Excise, Ahmedabad-I Commissioner of Central Excise, Ahmedabad-I and Commissioner of Central Excise, Ahmedabad-II
For the purpose of this notification the expression, “Chief Commissioners of Central Excise”, shall include the Chief Commissioners of Customs notified vide notification G.S.R. 303 (E) no. 23 /2005-Central Excise (NT) dated 13th May 2005
In exercise of the powers conferred by clause (b) of section 2 of the Central Excise Act, 1944 (1 of 1944), read with sub-rule (1) of rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs, constituted under the Central Board of Revenues Act, 1963
In rule 4 of the said rules, in sub-rule (2), in clause (a), in second proviso, the portion beginning with the words and figure as amended by clause 72 and ending with the words “the force of law, shall be omitted
The undersigned has been authorized to direct the exchanges to bring the provisions of this circular to the notice of the member brokers and also to disseminate the same on the website.
The undersigned is directed to say that Board hereby specifies Director General Service Tax as the authority for the purpose of rule 4(3)(b) of the Service Tax Rules, 1994 for granting centralized registration
It has been brought to the notice of the Board that certain field formations have interpreted that service tax is leviable on certain processing activities undertaken by job-workers in relation to manufacture of Gem and Jewellery sector, for or on behalf of the client, even though such activities does amount to ‘manufacture’ under Central Excise Law.
