Notification No. 43/2001-Central Excise (N.T.), dated the 26th June, 2001 prescribes the conditions and procedure for procurement of excisable goods without duty for manufacture of export goods. This Notification had certain conditions that for export to Nepal and Bhutan, the payment was to be in freely convertible currency and the procedure under Notification No. 45/2001-CE(NT) had to be followed. Now these restrictions are removed for Nepal.
Notification No. 27/2011-Central Excise (N.T.)
New Delhi, the 5th December , 2011
G.S.R. (E).- In exercise of the powers conferred by sub-rule (3) read with sub-rule (2) of rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendment in the Ministry of Finance, Department of Revenue, notification No. 43/2001-Central Excise (N.T.), dated the 26th June, 2001, namely: –
2. In the said notification,-
(i) in the proviso to clause (i), for the words “for exports to Nepal and Bhutan”, the words “for exports to Bhutan” shall be substituted.
(ii) in clause (vii), for the words “for export of goods to Nepal and Bhutan”, the words “for export of goods to Bhutan” shall be substituted.
2. This notification shall come into force on 1st March, 2012.
[F.No.201/03/2010-CX.6]
(V.P. Singh)
Under Secretary to the Government of India
Note.- The principal notification number 43/2001-Central Excise (N.T.), dated the 26th June, 2001, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section(i), vide G.S.R. 472 (E), dated the 26th June, 2001, and was last amended vide notification No. 18/2007 Central Excise (N.T.), dated 8th March 2007 which was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i), vide number G.S.R183(E). Dated the 8th March, 2007.
