Notification
No. 67 dated 16th March 1995 (As amended
by 20/96, 11/97, 59/97, 32/2000, 35/2000, 31/2001, 35/2001, Notification No. 11
dated 1st March 2002, 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), read with sub-section (3) of
section 3 of the Additional Duties of Excise (Goods of Special Importance Act,
1957 (58 of 1957), (herein after referred to as the said Special Importance
Act), the Central Government, being satisfied that it is
necessary in the public interest so to do, hereby exempts -
(i)���� capital goods as defined in rule 3 of the
CENVAT Credit Rules, 2002 manufactured in a factory and used within the factory
of production;
(ii)��� goods specified in column (1) of the Table
hereto annexed (hereinafter referred to as �input�) manufactured in a factory
and used within the factory of production in or in relation to manufacture of
final products specified in column (2) of the said Table;
from
the whole of the duties of excise leviable thereon which is specified in the
Schedules to the Central Excise Tariff Act, 1985 (5 of 1986) or additional duty
of excise leviable thereon, which is specified in the Schedule to the said
Special Importance Act;
Provided that
nothing contained in this notification shall apply to inputs used in or in
relation to the manufacture of final products which are exempt from the whole
of the duty of excise
or additional duty of excise leviable thereon or are
chargeable to nil rate of duty, other than those goods which are cleared,-
(i)���������� to
a unit in a Free Trade Zone , or
(ii)���������� to a hundred percent Export Oriented
Undertaking or
(iii)��������� to a unit in an Electronic Hardware
Technology Park, or
(iv)��������� to a unit in a Software Technology
Park, or
(v)���������� under notification No. 108/
95-Central Excise dated the 28th August, 1995, or
(vi)��������� by a manufacturer of
dutiable and exempted final products, after discharging the obligation
prescribed in rule 6 of the � ���������� ���������� CENVAT
Credit Rules, 2001.
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Description
of inputs
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Descriptions
of final products
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(1)
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(2)
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All goods falling within the First
Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), other than the light diesel oil, high speed
diesel oil and motor spirit, commonly known as petrol.
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All
goods falling under the First Schedule to the Central Excise Tariff Act,
1985, other than matches.
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