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 amendments in the Notification of the Government of India, Ministry of Finance, Department of Revenue, No. 14/2002-Central Excise (N.T.), dated the 8th March, 2002
Whenever a composite article is exported for which any specific rate has not been provided in the Table , and if contents of its constituent materials such as iron, glass, copper, zinc, brass or any other metal or non-metal are visibly distinguishable and their weights are unambigously verifiable, the rates of drawback applicable to such materials can be extended to the composite article according to net content of such materials.
In exercise of the powers conferred by sub-clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in partial supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.23/2002-NT-Customs, dated the 24th April, 2002 [S.O.461(E) dated the 24th April, 2002], the Central Board of Excise and Customs hereby determines for the purposes of said section relating to export goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st June, 2002.
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 partial supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.22/2002-NT-Customs, dated the 24th April, 2002 [S.O.460(E) dated the 24th April, 2002] in so far as the said notification relates to powers exercised under the provision of the said Customs Act, the Central Board of Excise and Customs hereby determines for the purposes of section 14 of the said Customs Act, relating to imported goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of Schedule I and Schedule II appended hereto into Indian currency or vice-versa shall, with effect from the 1st June, 2002.
The principal notification was published in the Gazette of India vide notification No. 63/94-Cus. (NT), dated the 21st November, 1994 (S.O. 830(E), dated the 21st November, 1994) and last amended by notification No. 2/2002-Cus. (NT), dated the 24th January,2002.
The principal notification was published in the Gazette of India, Extraordinary, vide Notification No.36/2001-CUS ( N.T.), dated the 3rd August 2001 [S.O.No.748(E), dated the 3rd August 2001] and was last amended vide Notification No.24 /2002-CUS (N.T.), dated the 1st May 2002.
In exercise of the powers conferred by rule 18 read with rule 33 of the Central Excise Rules, 2002, the Central Government hereby makes further amendments in the Notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 40/2001-Central Excise (NT), dated the 26th June, 2001
In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise Rules, 2002, the Board hereby makes further amendment in the Notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 45/2001-Central Excise (NT), dated the 26th June, 2001
In exercise of the powers conferred by section 11AB of the Central Excise Act, 1944 (1 of 1944) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 40 /2000 -Central Excise
In exercise of the powers conferred by sub-section (2) of section 47 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. 34 /2000 -Customs (N. T.), dated the 12th May, 2000 [GSR 440 (E), dated the 12th May, 2000 ], the Central Government hereby fixes the rate of interest at fifteen per cent. per annum for the purposes of the said section.
