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In exercise of the powers conferred by rule 11 of the CENVAT Credit Rules, 2002, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India, in the erstwhile Ministry of Finance
Circular No. 697/13/2003-CX I am directed to say that instances have been reported to the Board where in respect of commodities notified under Section 4A of the Central Excise Act, 1944 goods are sold only against refundable deposits or against deposit of an empty bottle, container or jar. As for example in the case of sale of soft drinks the soft drink bottle is being sold at the printed MRP only if the buyer leaves some cash deposit for safe return of the bottle or he deposits before hand an empty bottle of the particular brand.
Circular No.695/11/2003-CX I am directed to refer to clauses (1) and (2) of Board’s Circular No.572/9/2001-CX dated 22.02.2001 which interalia provides that in cases where the Department has filed Special Leave Petition/Civil Application along with stay application against the adverse order of High Court/CEGAT as the case may be, no unilateral action should be taken by the Commissioners to release goods/order refund and decision in such cases where stay order is not forthcoming, should be taken only in consultation with the Board. In this connection
The principal notification No. 39/2001-Central Excise dated the 31st July, 2001was published in the Gazette of India vide number GSR 565 (E), dated the 31st July, 2001 and was last amended by notification number 60/2002-Central Excise, dated the 19th December, 2002 [G.S.R.827(E) dated the 19th December, 2002.
Circular No. 693/9/2003-CX I am directed to say that it has been brought to the notice of the Board that in port cities and certain other areas, where the 100% EOUs are under the administrative control of Customs, Internal Audit is not being conducted as Customs do have a system of audit in the premises of the unit. Further, Central Excise Commissionerates not having the jurisdiction over these 100% EOUs also do not conduct Internal Audit of these units.
Circular No. 692/08/2003-CX I am directed to say that on introduction of Central Excise Valuation (Determination of Price of Excisable goods) Rules, 2000, w.e.f. 1.7.2000, it was clarified by the Board vide Circular No.354/81/2000-TRU dated 30.6.2000 (para 21) that for valuing goods which are captively consumed, the general principles of costing would be adopted for applying Rule 8
In exercise of the powers conferred by Section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2002
Circular No. 691/7/2003-CX
In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, hereinafter referred to as the said rules, except as respect things done or omitted to be done before such amendment
In exercise of the powers conferred by clause (iii) of Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following amendments in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue) No.64/2001-Central Excise (N.T.), dated the 13th September, 2001
