22nd July, 2003
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) ( hereinafter referred to as the Central Excise Act), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts all excisable goods ( hereinafter referred to as the said goods) specified in the First Schedule to the Central Excise Tariff Act, 1985 ( 5 of 1986), produced or manufactured by a unit ( hereinafter referred to as the unit) when supplied to units in special economic zone, from whole of the duty of excise leviable thereon under section 3 of the said Central Excise Act, and the additional duty of excise leviable under sub-section (1) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), subject to the following conditions, namely:-
that such goods are removed from the factory or warehouse, as the case may be, in accordance with the procedure specified in rule 11 of the Central Excise Rules, 2002;
that the said goods are supplied against a domestic procurement certificate issued to the special economic zone unit by customs authorities in the special economic zone;
that the proof of export, duly certified by the Deputy Commissioner of Customs or the Assistant Commissioner of Customs in the special economic zone, is submitted to the officer-in-charge of the Central Excise range concerned, within a period of one month from the date of removal of such goods from the place of manufacture or production.
2.This notification shall come into force on the 15th day of August, 2003.
Explanation.- For the purposes of this notification, the special economic zone means the special economic zones as specified in the notification issued under section 76A of the Customs Act, 1962 (52 of 1962).
D. S. Garbyal
Under Secretary to the Government of India
F. No. 314/24/2001-FTT