Duty Exemption to Excisable Goods Produced or Manufactured in an EOU
Central
Excise Notification No. 24 dated 31st March 2003
In
exercise of the power conferred by sub-section (1) of section 5A of Central
Excise Act, 1944, (1 of 1944), read with sub-section (3) of section 3 of the
Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957)
and sub-section (3) of section 3 of the Additional Duties of Excise (Textiles
and Textile Articles) Act, 1978 (40 of 1978), the Central Government, being
satisfied that it is necessary in the public interest so to do, hereby, -
(a)
exempts all excisable goods produced or manufactured in an export
oriented undertaking from whole of duty of excise leviable thereon under section
3 of Central Excise Act, 1944 (1 of 1944) and additional duty of excise leviable
thereon under section 3 of Additional Duty of Excise (Goods of Special
Importance) Act, 1957 (58 of 1957) and additional duty of excise leviable
thereon under the section 3 of Additional duty of Excise (Textiles and Textile
Articles) Act, 1978 (40 of 1978):
Provided
that the exemption contained in this notification in respect of duty of
excise leviable under section 3 of said Central Excise Act shall not apply to
such goods if brought to any other place in India;
(b)
rescinds the notification Nos. 125/84- Central Excise, dated the 26th
May 1984 (G.S.R. 403(E), dated the 26th May, 1984), 127/84 Central Excise dated
the 26th May 1984 (G.S.R. 405(E), dated the 26th May, 1984) and
55/91-Central Excise, dated the 25th July, 91 (G.S.R. 389 (E), dated
the 25th July, 1991).
2.
This notification shall come into force on the 1st day of
April 2003.
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