Notification No. 15 dated 26th
March 1999
(As amended by 29/99, Notification No. 16 dated 1st 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 cement
falling under sub-heading No. 2502.29 of the First Schedule to the Central
Excise Tariff Act, 1985 (5 of 1986), cleared from the factory in bulk for
packing into HDPE bags, poly propylene bags or paper bags (hereinafter referred
to as bags), at a place other than the said factory, from so much of the duty
of excise specified thereon under the said First Schedule, as is in excess of
Rs. 382 per metric tonne, subject to the following conditions, namely: -
(i)������� the manufacturer declares to the
Assistant Commissioner of Central Excise having jurisdiction over the factory,
the location and address of the bagging plant;
(ii)��� the
manufacturer maintains an account of the quantity of cement cleared in bulk
from the factory, the quantity of the cement received at the declared bagging
plant, and the cement cleared in bags from the bagging plant thereafter;
(iii)�� the manufacturer shall maintain such other records as may be
considered necessary in this regard by the Assistant Commissioner of Central
Excise having jurisdiction over the factory;
(iv)��� within
five days of the close of each month, the manufacturer shall furnish a
statement, duly certified by the manager in charge of the bagging plant, to the
Assistant Commissioner of Central Excise having jurisdiction over the factory,
indicating the quantity of cement received in bulk for the purpose of packing
in bags and the actual quantity of cement packed in bags in such proforma as
may be specified by the Assistant Commissioner.