| Date: |
31-03-2003
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| Notification No: |
Central Excise Notification No 27/2003
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| Issuing Authority: |
Central Excise
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| Type: |
Tariff
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| File No: |
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| Subject: |
Central Excise Duty Exemption to Castor Oil Cake Manufactured by SEZ Unit
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Central Excise Duty Exemption to Castor Oil Cake Manufactured by SEZ Unit
Central
Excise Notification No. 27 dated 31st March 2003
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, being satisfied that it is
necessary in the public interest so to do, hereby exempts castor oil cake
falling under heading No. 23.01 of the First Schedule to the Central Excise
Tariff Act, 1985 (5 of 1986), when manufactured from indigenous castor oil seeds
on indigenous plant and machinery by a unit in special economic zone, which was
in existence and functioning in a free trade zone before conversion of the said
free trade zone into special economic zone with effect from the 1st
day of November, 2000 and brought to any other place in India in accordance with
the provisions of Export and Import Policy from whole of duty of excise leviable
thereon under section 3 of the said Central Excise Act.
2.
This notification shall come into force on the 1st day of
April 2003.
Explanation:
For the purposes of this notification,
(i)
�Export and Import Policy� means the Export and Import Policy, 2002-2007
published by the Government of India in the Ministry of Commerce and Industry
vide notification No. 1 (RE-2003) /2002-2007, dated the 31st March,
2003;
(ii)
� free trade zone� and �special economic zone� have the same meaning
as assigned to them respectively in clauses (i) and (iii) to Explanation
2 of sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944).
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