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Circular No. 281/115/96-CX-3 I am directed to say that doubts have been expressed as to whether Cardenol is a product of Cashew Industry and accordingly entitled to the benefit of exemption from Central Excise duty under notification No. 115/75-CE dated 30.4.75.
Circular No. 280/114/96-CX Under Boards Circular No. 128/39/95-dated 25.5.95, it was clarified that imitation or real zari made of gold, silver thread or man-made metallic yarn made out of duty paid polyester film (metallised / lacquered) namely kaseb, kalabatu. tilla, wire thread or zari thread and metallic yarn should be treated as handicrafts for the purposes of Notification No. 76/86 dated 10.2.86.
Circular No. 279/113/96-CX M/s Indian Oil Corporation Ltd. had availed exemption under Notification No. 120/84-CE dated 11.5.84 in respect of clearances of circulating oils and hydraulic oils from refinery situated at Trombay. SCN”s were issued for imposition of penalty on the ground that these oils were not ordinarily used as lubricating oils.
Circular No. 278/112/96-CX Representations have been received to the effect that additional duty of excise under Additional Duty of Excise (Textile & Textile Articles) Act, 1978 (hereinafter referred to as the said Act) is being demanded on goods exported under bond under rule 13 of Central Excise Rules, 1944 causing undue hardship to exporters and it has, therefore, been requested to issue a suitable clarification.
Circular No. 277/111/96-CX It has been brought to the notice of the Board that credit have been denied/ sought to be denied by the field formations in cases where the assessees having their factory/ unit already in operation, had availed and utilised Modvat credit of specified duty on capital goods immediately after receipt of the capital goods in their factory
Circular No. 276/110/96-TRU Rules 57Q of the Central Excise Rules, 1944 allows credit of duty paid on capital goods used by the manufacturer of Specified goods. Capital goods eligible for credit have been defined in Explanation (1) annexed to Rule 57Q. Clause (a) to (c) of the said explanation cover specified capital goods falling under Chapter 82, 84, 85 and 90 and clause (d) covers components, spares and accessories of the said capital goods.
Circular No. 275/109/96-CX I am directed to invite attention to the various points raised with regard to availing of credit under the Modvat Scheme, documentation and procedure to be followed. In this connection the points raised by trade and the Commissioners and the Clarification
Circular No. 273/107/96-CX Please find enclosed* herewith Notification No. 36/96-CE (NT) issued in order to give effect to the self-assessment procedure. The implications of various amendments have already been elaborated in Board”s Circular No. 249/83/96-CX dated 11.10.96.
Circular No. 274/108/96-CX I am directed to draw your attention to the revised proforma of the Personal Ledger Account (PLA) annexed with Circular No. 249/83/96-CX dated 11th October, 1996 and to say that no notification is being issued for revised proforma because the existing proforma was also prescribed only be an executive instruction by virtue of power conferred on the Commissioner of Central Excise by Rule 9 and Rule 173G (1), to prescribe the form and manner of maintaining the PLA
Circular No. 272/106/96-CX Attention in invited to Notification No. 36/96-C.E. (NT) dated 20.11.96 whereby the new Sub- rule 3A has been inserted in Rule 173C, of the Central Excise Rules, 1944 (Hereinafter referred to as “the said rules”), whereby an assessee is required to declare to the proper officer his marketing pattern, discount structure
