In exercise of the powers conferred by sub-sections (2) and (3) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Pan Masala Packing Machines (Capacity Determination and Collection of Duty) Rules, 2008, namely.
the portion beginning with the brackets and letter “(A)” and ending with the brackets, letter and words “(b) Output Services-“, and portion beginning with the brackets and letter (B) and ending with the brackets, letter and words “(b)Import Services” shall be omitted.
Provided further that if the capital goods, on which CENVAT Credit has been taken, are removed after being used, the manufacturer or provider of output services shall pay an amount equal to the CENVAT Credit taken on the said capital goods reduced by the percentage points calculated by straight line method as specified below for each quarter of a year or part thereof from the date of taking the CENVAT Credit, namely:-
For the purposes of this proviso, it is hereby c/arified that an assessee sha// be e/igib/e, if his aggregate va/ue of c/earances of a// excisab/e goods for home consumption in the preceding financia/ year, computed in the manner specified in the said notification, did not exceed rupees four hundred lakhs.
Exempts the taxable service providing packaged or canned software, intended for single use and packed accordingly, for the purpose specified in item (v) of clause (zzzze) of sub-section 105 of section 65 of the said Finance Act, from the whole of service tax, subject to the following conditions
– In exercise of the powers conferred by subsection (1) of section 5Aof the Central Excise Act’ 1944 (1 of 1944)’ the Central Government’ on being satisfied that it is necessary in the public interest so to do’ hereby exempts excisable goods of the description specified in column
For the purposes of this notification, packaged software or canned software means software developed to meet the needs of variety of users, and which is intended for sale or capable of being sold off the shelf.
For the purposes of this notification, ‘brand name’ means a brand name, whether registered or not, that is to say, a name or a mark, such as a symbol, monogram, label, signature or invented words or any writing which is used in relation to a product, for the purpose of indicating, or so as to indicate, a connection in the course of trade between the product and a person using such name or mark with or without any indication of the identity of that person.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the central Governmenton being satisfied that it is necessary in the public interest so to do, hereby exempts all items of machinery, including prime movers, instruments, apparatus and appliances, control gear and transmission equipment and auxiliary equipment.
The principal notification No. 49/2006-Central Excise dated the th30December, 2006, published in the Gazette of India, Extraordinary, vide number G.S.R(E),805dated the 30thDecember, 2006 was last amended vide notification No. 58/2008-Central Excise, dated the 7th December, 2008, published vide number G.S.R. 40(E),8dated the 7th December, 2008.
