|
Amendment in the Various Notifications
Central
Excise Notification No. 62 dated 31st December 2002
In
exercise of the powers conferred by sub-section (1) of section 5A of the Central
Excise Act, 1944(1 of 1944), read with sub-section (3) of section 147 of the
Finance Act, 2002 (20 of 2002) the Central Government, being satisfied that it
is necessary in the public interest so to do, hereby directs that each of the
notifications of the Government of India, in the erstwhile Ministry of Finance
(Department of Revenue), specified in column (2) of the Table hereto annexed,
shall be amended or further amended, as the case may be, in the manner specified
in the corresponding entry in column(3) of the said Table.
Table
|
S.
No
|
Notification
No. and date
|
Amendment
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
6/2002-Central
Excise, dated the 1st March, 2002
|
In
the said notification, after S.No 32C and the entries relating thereto,
the following shall be inserted, namely: -
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
|
"32D
|
27.10
|
5%
ethanol blended petrol that is a blend, -
(a)
consisting, by volume, of 95% Motor spirit, (commonly known as
petrol), on which the appropriate duties of excise have been paid
and, of 5% ethanol on which the appropriate duties of excise have
been paid, and
(b)
conforming to Bureau of Indian Standards specification 2796.
Explanation:
For the purposes of this exemption �appropriate duties of
excise� shall mean the duties of excise leviable under the First
Schedule and Second Schedule to the Central Excise Tariff Act,
1985 (1 of 1986), the additional duty of excise leviable under the
Finance (No.2) Act, 1998 (21 of 1998) and the special additional
excise duty leviable under section 147 of the Finance Act, 2002
(20 of 2002), read with any relevant exemption notification for
the time being in force.
|
Nil
|
Nil
|
-.�
|
|
|
2.
|
28/2002-Central
Excise, dated the 13th May, 2002
|
In
the said notification, in the Table, after S.No 1 and the entries relating
thereto, the following shall be inserted, namely: -
|
(1)
|
(2)
|
(3)
|
|
1A
|
a)
Motor spirit, (commonly known as petrol) when intended for use in
ethanol blended petrol, that is, a blend a) consisting, by volume,
of 95% Motor spirit, (commonly known as petrol), on which the
appropriate duties of excise have been paid and of 5% ethanol on
which the appropriate duties of excise have been paid, and
b)
Conforming to Bureau of Indian Standards specification 2796subject
to following the procedure laid down in the Central Excise (Removal
of Goods) at Concessional Rate of Duty for Manufacture of Excisable
Goods Rules, 2001.
|
Five
rupees and seventy paise per litre
|
|
1B
|
5%
ethanol blended petrol that is a blend, -
(a)
consisting, by volume, of 95% Motor spirit, (commonly known as
petrol), on which the appropriate duties of excise have been paid
and, of 5% ethanol on which the appropriate duties of excise have
been paid, and
b)
Conforming to Bureau of Indian Standards specification 2796.
Explanation:
For the purposes of this exemption �appropriate duties of
excise� shall mean the duties of excise leviable under the First
Schedule and Second Schedule to the Central Excise Tariff Act,
1985 (1 of 1986), the additional duty of excise leviable under the
Finance (No. 2) Act, 1998 (21 of 1998) and the special additional
excise duty leviable under section 147 of the Finance Act, 2002
(20 of 2002), read with any relevant exemption notification for
the time being in force.
|
Nil
|
|
2.
This notification shall remain in force upto and inclusive of the 28th
day of February 2003.
|