Amendment of notification no. 17/2004-CE (NT) dated 04.09.2004 for supply of exempted bunker fuel to the specified Indian Ships / Vessels from the warehouse
Central Government vide Circular No. 1034/22/2016-CX, Dated: July 01, 2016 has prescribed procedure for clearance of indigenous bunker fuels (i) IFO 180 CST (ii) IFO 380 CST without payment of Central Excise duty for use in ships or vessels from bonded stocks of bunker fuel being maintained by the Oil Manufacturing Companies (OMCs) at the ports located in the coastal areas where the specified ships! vessels operate.
Procedures are prescribed for availing exemption, Submission of utilisation certificate, Reconciliation and recovery in the aforesaid clearance.
The same facility has also been extended the facility of removal of specified excisable goods from the factory of production to a warehouse or from one warehouse to another warehouse without payment of duty to bunker fuels for use in ships or vessels
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 31/2016- Central Excise (N.T.)Online GST Certification Course by TaxGuru & MSME- Click here to Join
Dated: 4th July, 2016
G.S.R.660 (E). – In exercise of the powers conferred by sub-rule (1) of rule 20 of the Central Excise Rules, 2002, the Central Government being satisfied that it is necessary in public interest so to do, hereby makes the following amendment in the notification of the
Government of India in the Ministry of Finance (Department of Revenue) No. 17/2004-Central Excise (N.T.), dated the 4th September, 2004, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (1) vide number G.S.R. 565(E) dated 4th September, 2004, namely:‑
In the said notification, in the table, in column (2), in SI. No. 2, after item (vii) of clause (b) and before Explanation the following clause shall be inserted, namely,-
“(c) bunker fuels for use in ships or vessels, as referred to in SI. No. 65A of the table 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, Subsection (i) vide number G.S.R. 163(E) dated 17th March, 2012.”.
Under Secretary to the Government of India
[F. No. 83/1/2015-CX.31
[The principal notification No. 17/2004-CE (N.T.) dated the 4th September 2004, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 4th September, 2004 vide number G.S.R. 565(E), dated the 4th September, 2004]