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Date: 17-11-2008
Notification No: Central Excise Circular No 877/2008
Issuing Authority: Central Excise  
Type: Circular
File No: 267/54/2008-CX-8
Subject: Clarification regarding reversal of Cenvat Credit in case of trade discount

Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)

Notification No. 127/ 2008-CUSTOMS (N.T.)

New Delhi, 17th November, 2008
26 Kartika, 1930 (SAKA)

S.O… (E) – In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Cus (N.T.), dated, the 3rd August 2001, namely: -

In the said notification, for the Table, the following Table shall be substituted namely:-

“T A B L E

S. No. Chapter/ heading/ sub
-heading/tariff item
Description of goods Tariff value US $
(Per Metric Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 447 (i.e. no change)
2 1511 90 10 RBD Palm Oil 476 (i.e. no change)
3 1511 90 90 Others – Palm Oil 462 (i.e. no change)
4 1511 10 00 Crude Palmolein 481 (i.e. no change)
5 1511 90 20 RBD Palmolein 484 (i.e. no change)
6 1511 90 90 Others – Palmolein 483 (i.e. no change)
7 1507 10 00 Crude Soyabean Oil 580 (i.e. no change)
8 7404 00 22 Brass Scrap (all grades) 3525
9 1207 91 00 Poppy seeds 5206”

(RAHUL NANGRE)
Under Secretary to the Government of India
F.No.467/23/2008-Cus.V

Note: - The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No.36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S.O.748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 116/2008-Customs (N.T.), dated, the 31st October, 2008 (S.O. 2577 (E) dated 31st October, 2008).

       

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