Notification No. 5/2011-Central Excise, New Delhi,

the 1 st March, 2011

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), the Central Government, on 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. 5/2006-Central Excise, dated the 1st March, 2006 which was published in the Gazette of India, Extraordinary, vide G.S.R. 95(E) dated the 1st March, 2006, namely: –

In the said notification,-

(I) for the letters “Rs.”, wherever they occur, the symbol “`” shall be substituted;

(II) in the Table,-

(i) in column (4) for the entry “4%, wherever it occurs, the entry “5% shall be substituted;

(ii) after S.No.2A and the entries relating thereto, the following shall be inserted, namely:-

(1) (2) (3) (4) (5)
“2B 5307 1010,5307 2000 Jute Yarn Nil -”;

(iii) S. No. 8 and the entries relating thereto shall be omitted;

(iv)  S. No. 12 and the entries relating thereto shall be omitted;

(v) S. No. 13A and the entries relating thereto shall be omitted;

(vi) S. No. 14 and the entries relating thereto shall be omitted;

(vii) S. No. 16 and the entries relating thereto shall be omitted;

(viii) for S. No. 21A, and entries relating thereto, the following S.No. and entries shall be substituted, namely:-

(1) (2) (3) (4) (5)
“21A 71 Gold bars, other than tola bars, bearing Manufacturer”s engraved serial number and weight expressed in metric units manufactured in a factory starting from the stage of-
(a) gold ore or concentrate;
(b) gold dore bar
Explanation.– For the purposes of this exemption, „gold dore bar” shall mean dore bars having gold content not exceeding 80% accompanied by an assay certificate issued by the mining company, giving details of composition.
Rs 200 per 10 gms -”;

(ix) after S. No. 21A and the entries relating thereto, the following S. Nos. and entries shall be inserted, namely:-

(1) (2) (3) (4) (5)
“21B 71 Silver arising in the manufacture of gold bars, other than tola bars, bearing the manufacturer”s engraved serial number and weight expressed in metric units, starting from the stage of gold ore/concentrate or gold dore bars in the same factory. Rs 1500 per kg
21C 71 The following goods manufactured or produced during the process of copper smelting starting from the stage of copper ore or concentrate in the same factory:-
(i) gold bars, other than tola bars, bearing manufacturer”s or refiner”s engraved serial number and weight expressed in metric units and gold coin;(ii) silver in any form
Rs 300per 10
gm
Rs 1500 per kg
21D 7106 10 00, 7106 91 00 or 7106 92 90 Silver, other than silver mentioned in 21B and 21C above -”;

(x) against S. No. 24, in column (3), item (I) and the entries relating thereto in column (4) and (5) shall be omitted;

(xi) S. No. 26 and the entries relating thereto shall be omitted;

(xii) S.No.31 and the entries relating thereto shall be omitted;

(xiii) S.No.34 and the entries relating thereto shall be omitted;

(III) in the Annexure, Condition no. 6 and the entries relating thereto shall be omitted.

Note.- The principal notification No. 5/2006-Central Excise, dated the 1st March, 2006 was published in the Gazette of India, Extraordinary, vide number G.S.R. 95(E), dated the 1st March, 2006 and last amended vide notification no.11/2010-Central Excise, dated the 27th February, 2010, published vide number G.S.R.113 (E), dated the 27th February, 2010.

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