NTF. NO.29/2002-CE, DT. 13/05/2002
- Document type
- Notification
- Reference no.
- D
- Dated
- Category
- Tariff
Supersession of the NTF NO. 21/2002-CE, DT. 01/03/2002
Supersession of the NTF NO. 21/2002-CE, DT. 01/03/2002
(a) Numaligarh Refinery, or
(b) Indian Oil Corporation Ltd., Bongaigaon Refinery, or
[OLD- (b) Bongaigaon Refineries and Petrochemicals Limited, or ]
(c) Indian Oil Corporation, Guwahati, or
(d) Assam Oil Division, Indian Oil Corporation, Digboi,
(Above (b) has been substituted vide NTF. NO. 05/2009-CE, DT. 27/04/2009)
from so much of each of the duties of excise specified in column(2) of the Table hereto annexed, leviable under the Acts specified in the corresponding entry in column(3) of the said Table, as is in excess of the amount calculated at the rate of fifty per cent. of each of the duties specified in column(2) of the said Table, namely:-
| S.No. | Duty | Act |
|---|---|---|
| (1) | (2) | (3) |
| 1. | Duty of excise | First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) |
| 2. | Special duty of excise | Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) |
| 3. | Additional duty of excise | Sub-section(1) of section 111 of the Finance Act, 1998 ( 21 of 1998 ) read with the Second Schedule to the said Act |
| 4. | Additional duty of excise | Sub-section(1) of section 133 of the Finance Act, 1999 ( 27 of 1999) read with the Second Schedule to the said Act |
| 5. | Special Additional Excise Duty | Sub-section (1) of section 147 of the Finance Act, 2002 (20 of 2002) read with the Eighth Schedule to the said Finance Act and notification 28/2002-Central Excise dated the 13 th May, 2002. |
Explanation.-
(1) For the removal of doubts, it is hereby declared that the exemption under this notification shall also be available on the said goods if such goods are removed under bond, without payment of the duties of excise specified in column (2) of the said Table, from any of the refineries specified against clauses (a) to (d), to a warehouse and subsequently removed from the said warehouse on payment of fifty percent. of such duties.
(2) This Explanation shall have effect as if it had always been the part of this notification."
(Above Explanation has been inserted vide Ntf. No. 34/2002-CE, Dt. 21/06/2002)
(G. D. Lohani)
Under Secretary to the Government of India