1) Aluminium foils of a thickness not exceeding 0.2 mm [7607] are being notified under section 4A of the Central Excise act for the purpose of assessment of Central Excise duty with reference to the Retail Sale Price with an abatement of 25%. Notification No. 49/2008- Central Excise (N.T.) dated 21.12.2008 as amended by notification No. 12/2016-Central Excise (N.T.) dated 1 st March, 2016 [new S. No. 64A ] refers. The Third Schedule to the Central Excise Act, 1944 is also being amended so as to include therein all goods falling under Chapter heading 7607. Clause 142 (i) of the Finance Bill, 2016 refers. By virtue of declaration under the Provisional Collection of Taxes Act, 1931, these changes will come into force with immediate effect.
2) The excise duty structure on „disposable aluminium foil containers‟is being changed from „2% without CENVAT credit and 6% with CENVAT credit‟to „2% without CENVAT credit
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 10/2016–Central Excise
New Delhi, the 1st of March, 2016
G.S.R.227(E). – 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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 2/2011-Central Excise, dated the 1st March, 2011, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide G.S.R. 117 (E), dated the 1st March, 2011, namely:-
In the said notification, in the Table,-
(a) serial number 48 and the entries relating thereto shall be omitted;
(b) against serial number 53, for the existing entry in column (3), the entry “All goods other than disposable aluminium foil containers, parts and pressure cookers” shall be substituted.
[F. No. 334/8/2016 –TRU]
(K. Kalimuthu)
Under Secretary to the Government of India
Note: – The principal notification No. 2/2011-Central Excise, dated the 1st March, 2011 was published in the Gazette of India, Extraordinary, vide G.S.R. 117 (E), dated the 1st March, 2011 and last amended by notification No. 8/2015-Central Excise, dated the 1st March, 2015, published vide number G.S.R. 138 (E), dated the 1st March, 2015.
