Sponsored
    Follow Us:
Sponsored

13th February, 2003

Notification No. 5/2003 – Central Excise

 In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944 the Central Government being satisfied that it is necessary in the public interest so to do, hereby that each of the notifications of the Government of India, in the erstwhile Ministry of Finance ( Department of Revenue), specified in column (2)  of the table hereto annexed shall be further amended, except as respects things done or omitted to be done before such amendment, in the manner specified in the corresponding entry in column (3) of the said table.

Table

S.No. Notification No. and date Amendment
(1) (2) (3)
1. 39/2001-Central Excise, dated the 31st July, 2002

In the said notification, in the second paragraph, in clause (b), the following proviso shall be added, namely:-

 “Provided that such refund shall not exceed the amount of duty paid less the amount of the CENVAT credit availed of, in respect of the duty paid on the inputs used in or in relation to the manufacture of goods cleared under this notification.”,

2. 56/2002-Central Excise, dated the 14th November, 2002

In the said notification, in the second paragraph, in clause (b), the following proviso shall be added, namely:-

 “Provided that such refund shall not exceed the amount of duty paid less the amount of the CENVAT credit availed of, in respect of the duty paid on the inputs used in or in relation to the manufacture of goods cleared under this notification.”,

3. 57/2002-Central Excise, dated the 14th November, 2002

In the said notification, in the second paragraph, in clause (b), the following proviso shall be added, namely:-

 “Provided that such refund shall not exceed the amount of duty paid less the amount of the CENVAT credit availed of, in respect of the duty paid on the inputs used in or in relation to the manufacture of goods cleared under this notification.”,

Alok Shukla
Deputy Secretary to Government of India

F.No. 356/2/2001-TRU

Note:

1.The principal notification No. 56/2002-Central Excise dated the 14th November, 2002 was published in the  Gazette of India vide number GSR 764 (E), dated the 14th November, 2002 .

2. The principal notification No. 57/2002-Central Excise dated the 14th November, 2002 was published in the  Gazette of India vide number GSR 765 (E), dated the 14th November, 2002 .

3. The principal notification No. 39/2001-Central Excise dated the 31st July, 2001was published in the  Gazette of India vide number GSR 565 (E), dated the 31st July, 2001 and was last amended by notification number 60/2002-Central Excise, dated the 19th December, 2002 [G.S.R.827(E) dated the 19th December, 2002]

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728