Seeks to exempt Point of Sale (POS) devices and goods required for its manufacture from central excise duty till 31st March, 2017
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 35/2016 – Central Excise
New Delhi, the 28th November, 2016
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 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. 12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.163(E), dated the 17th March, 2012,namely: –
In the said notification, –
(A) in the opening paragraph, after the seventh proviso, the following proviso shall be inserted, namely:-
“ Provided also that nothing contained in this notification shall apply to goods specified against serial number 256 A and 256 B of the said Table after the 31st day of March, 2017;” ;
(B) in the Table, after serial number 256 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
| 256A | 8470 | Point of Sale (POS) Devices |
Nil |
– |
| 256B | Any Chapter | All goods for manufacture of Point of Sale (POS) Devices |
Nil |
2 |
[F. No. 354/213/2016-TRU]
(Anurag Sehgal)
Under Secretary to the Government of India
Note.- The principal notification No. 12/2012-Central Excise, dated the 17th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 163(E), dated the 17th March, 2012 and last amended vide notification No.34/2016-Central Excise, dated the 8th September, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.874(E), dated the 8th September, 2016.
