for the purpose of adjudicating the matters relating to show cause notice pertaining to M/s Fulchand and Sons, Tirupur issued, vide, F.No.INV/DGCEI/CBERU/7/2005, dated the 20th June 2006, by the Deputy Director, Directorate General of Central Excise Intelligence, Regional Unit, 386-A, Pankaj Mill Road, First Floor, Ramanathapuram, Coimbatore – 641045.
In exercise of the powers conferred by sub-section (1) of section 4 and sub section (1) of section 5 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby appoints the Commissioner of Customs (Import), Chennai, to act as common adjudicating authority in respect of the matters specified in the corresponding entries in columns (2) and (3) of the Table below for the purpose of adjudication and investigation of such matters, namely.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.24/2007-NT-Customs, dated the 26th March, 2007 [S.O.450(E), dated the 26th March, 2007], the Board hereby column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st May, 2007.
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.23/2007-NT-Customs, dated the 26th March, 2007 [S.O.449(E) dated the 26th March, 2007], the Board hereby determines for the purposes of said section, relating to imported goods.
If there is likely to be any delay in the verification, the Assistant Commissioner or Deputy Commissioner of Central Excise, as the case may be, shall refund 80% of the amount on provisional basis by the 30th day of the month following the month under consideration.
5A- Refund of CENVAT credit to units in specified areas.- Notwithstanding anything contrary contained in these rules, where a manufacturer has cleared final products in terms of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.20/2007-Central Excise, dated the 25th April, 2007 and is unable to utilize the CENVAT credit of duty taken on inputs required for manufacture of final products specified in the said notification.
In exercise of the powers conferred by sub-rule (3) of rule 17 of the Central Excise Rules, 2002, and sub-rule (7) of rule 9 of the CENVAT Credit Rules, 2004, the Central Board of Excise and Customs hereby makes the following amendments in the notification of the Ministry of Finance (Department of Revenue), No. 26/2004-Central Excise (N.T) dated the 27th September, 2004 published in the Gazette of India vide G.S.R. 644(E), dated the 27th September, 2004 (hereinafter referred to as the said notification), namely.
In exercise of the powers conferred by rule 12 of the Central Excise Rules, 2002 and sub-rule (7) of rule 9 of CENVAT Credit Rules, 2004, the Central Board of Excise and Customs hereby makes the following amendments in the notification of the Ministry of Finance (Department of Revenue), No.23/2006-Central Excise (N.T) dated the 12th October, 2006 published in the Gazette of India vide G.S.R. 630(E), dated the 12th October, 2006 (hereinafter referred to as the said notification) namely.
The principal notification No. 45/2001-CE(NT) dated the 26th June, 2001 was published in the Gazette of India, Extraordinary, vide number G.S.R. 474(E) dated the 26th June, 2001 and was last amended vide notification No. 03/2003-CE(N.T.) dated the 30th January, 2003 vide number G.S.R. 68(E), dated the 30th January, 2003.
The principal notification No. 42/2001-CE(NT) dated the 26th June, 2001 was published in the Gazette of India, Extraordinary, vide number G.S.R. 471(E) dated the 26th June, 2001 and was last amended vide notification No. 18/2007-CE(N.T.), dated the 8th March, 2007 vide number G.S.R. 183(E), dated the 8th March, 2007.
