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Excise Duty

Exempts goods captively consumes within factory of production from additional duty of excise

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New Delhi, dated 1st March, 2005.

Notification No. 12/2005-Central Excise    

G.S.R. (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 sub-clause (3) of clause 85 of the Finance Bill, 2005, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts all goods, produced and used within the factory of their production in the manufacture of final product on which additional duty of excise is leviable under sub-clause (1) of clause 85 of the said Finance Bill, the clause which has, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law, from the whole of the additional duty of excise, leviable under said sub-clause (1) of clause 85 of the said Finance Bill, 2005.

[F.No. 334/1 /2005-TRU]

(V. Sivasubramanian)

Deputy Secretary to the Government of India

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