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The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 64/95-Central Excise, dated the 16th March,1995 [G.S.R. 256(E), dated the 16th March,1995] and was last amended by notification No. 25/2002-Central Excise, dated the 11th April, 2002[G.S.R. 276(E), dated the 11th April, 2002.
Circular No.676/67/2002-CX I am directed to refer to Board’s Circular No.581/18/2001-CX dated 29.6.2001 relating to export warehousing procedure and to say that representations have been received from trade seeking clarifications
Whereas the Central Government is satisfied that a practice was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3 of the Central Excise Act, 1944 (1of 1944) (hereinafter referred to as the Central Excise Act), on recorded video cassettes in U-matic and Betacam formats, falling under heading No.85.24 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), intended for television broadcasting
For the removal of doubts, it is hereby declared that for the purpose of this notification, “mineral” does not include crude petroleum oils and the expression “Exploration of mineral” shall be construed accordingly.
The exemption contained in this notification shall apply to any of the said units for a period not exceeding ten years from the date of publication of this notification in the Official Gazette or from the date of commencement of commercial production whichever is later.
For the removal of doubts, it is hereby declared that for the purpose of this notification, “mineral” does not include crude petroleum oils and the expression “Exploration of mineral” shall be construed accordingly.
The exemption contained in this notification shall apply to any of the said units for a period not exceeding ten years from the date of publication of this notification in the Official Gazette or from the date of commencement of commercial production whichever is later.
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 to amend the CENVAT Credit Rules, 2002
In exercise of the powers conferred by sub-rule (2) of rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendments in the Notification of the Government of India, erstwhile Ministry of Finance, (Department of Revenue), No.14/2002-Central Excise (N.T.) dated the 8th March, 2002
The principal notification No.6/2002-Central Excise dated 1-3-2002 was published in the Gazette of India, Extraordinary vide G.S.R. 127 (E) dated the 1st March, 2002 and was last amended by notification No. 53 /2002-Central Excise dated the 30th October, 2002 [G.S.R.739(E) dated the 30th October, 2002.
