CENTRAL EXCISE NOTIFICATION NUMBER 31/2010 ABOUT EXEMPTION OF GOODS

Central excise vide notification number 31/2010 exempted some goods namely



[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

New Delhi, the   28th July, 2010

Notification No. 31/2010-Central Excise


G.S.R.       (E).-In exercise of the powers conferred by sub-section (1) of section 5A of 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 makes the following amendment in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 6/2006-Central Excise, dated the 1st March, 2006, published in the Gazette of India, Extraordinary vide number G.S.R. 96(E) dated 1st March, 2006, namely:-

In the said notification, in the Annexure, for condition No. 28 and the entries relating thereto, the following shall be substituted, namely:-

Condition No.
Conditions
28.
(a)   such goods are exempted from the duties of customs leviable under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and the additional duty leviable under Section 3 of the said Customs Tariff Act when imported into India;

(b)    an officer not below the rank of Chief engineer in the Central Electricity Authority certifies that the said goods are required for the setting up of the said mega power project under Government of India initiative, indicating the quantity, description, and specification thereof; and

(c)     the Chief executive officer of the project furnishes an undertaking to the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, having jurisdiction, to the effect that –

                     i.                        the said goods will be used only in the said project and not for any other use; and

                    ii.                        in the event of non compliance of sub-clause (i) above, the project developer will pay the duty which would have been  leviable at the time of clearance of goods, but for this exemption.


[F. No. 354/59/2010- TRU]


(KSVV Prasad)
                                                Under Secretary to the Government of India
Share on Google Plus

About Nitin Aggarwal

    Blogger Comment
    Facebook Comment

0 comments:

Post a Comment