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In exercise of the powers conferred by rule 11 of the CENVAT Credit Rules, 2001, the Central Government, hereby declares the following inputs (hereinafter referred to as the declared inputs’) and final products falling within the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), as specified in the Table below
The principal notification No. 9/2001 -Central Excise, dated the 1st March, 2001 was published in the Gazette of India, Extraordinary vide number G.S.R. 134 (E), dated the 1st March, 2001 and was last amended by notification No. 23/2001-Central Excise, dated the 30th April, 2001 [G.S.R. 312 (E), dated the 30th April, 2001.
Circular No.581/18/2001-CX I am directed to say that in pursuance of sub-rule (1) of rule 20 of the Central Excise (No.2) Rules, 2001 the Board has issued notification no. 46/2001-Central Excise (N.T.) dated 26th June, 2001 which will come into force on 1st July, 2001, whereby the warehousing provisions have been extended to all excisable goods specified in the First Schedule to the Central Excise Tariff Act, 1985 intended for storage in a warehouse registered at such places as may be specified by the Board and export therefrom.
Circular No.580/17/2001-CX I am directed to say that the Board has analysed the data of frequency of audit under EA-2000 and non-EA-2000, number of units paying duty Rs. one crore and above as well as number of units paying duty below one crore in a financial year, the number of audit parties in the Commissionerates and the efficacy of audit under EA-2001 vis–vis audit under non-EA-2000.
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 further rules to amend the Central Excise (No. 2) Rules, 2001
A registered person wishing to obtain Central Excise Stamps for cash shall submit to the treasury a challan in quintuplicate for the amount to be paid, specifying on the reverse the number and class of Central Excise Stamps required, together with their price. The treasury shall accept the amount specified in the challan and shall return the duplicate, triplicate and quintuplicate copies of the receipted challan to the registered person
At the expiry of the period, the amount payable shall be recalculated on the basis of the maximum number of cold rolling machines actually installed and if the initial payment falls short of the total liability so determined, the deficiency shall be recovered from the manufacturer and where the total liability is less than the initial deposit, the balance shall be refunded to the manufacturer.
Confiscation and penalty.- If any manufacturer contravenes any provision of this notification in respect of any excisable goods, then all such goods shall be liable to confiscation, and the manufacturer shall be liable to penalty under rule 25 of the Central Excise (No. 2) Rules, 2001.
I/We hereby declare that the 5. particulars furnished above are true and correct in all respects. In case any of the particulars are found to be untrue/incorrect, I/We undertake to pay any additional amount of excise duty on the processed textile fabrics manufactured by me/us as per the provisions of the Central Excise Act, 1944 (1 of 1944) or the rules or notifications issued thereunder.
Notification No. 42/2001-Central Excise (N.T.) Dated- 26th June 2001 G.S.R 471(E) In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise (No.2) Rules, 2001, the Central Board of Excise and Customs hereby notifies the conditions and procedures for export of all excisable goods, except to Nepal and Bhutan without payment […]
