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Exemption to Jute Intermediates like Yarn, Thread, Rope, Twine, etc. used
for Captive Consumption
Central
Excise Notification No. 33 dated 30th September 2002 (NT)
Whereas
the Central Government is satisfied that a practice was generally prevalent
regarding levy of duty of excise (including non-levy thereof) under Section 3 of
the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the Excise
Act), on jute intermediates like yarn, thread, rope, twine, etc. falling under
Sub-Heading Nos.5302.20, 53.06, 5607.19, 5702.20, and Heading No.63.01 of the
First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), consumed
captively in the further manufacture of jute products within the same factory,
and that such jute intermediates were liable to duty of excise which was not
levied according to the said practice during the period commencing on and from
20th May, 1994 and ending with 10th August, 1994;
Now,
therefore, in exercise of the powers conferred by section 11C of the Excise Act,
the Central Government hereby directs that the duty of excise payable on the
said jute intermediates, consumed captively in the same factory for the further
manufacture of jute products, but for the said practice, shall not be required
to be paid in respect of such jute intermediates on which the said duty of
excise was not levied during the aforesaid period, in accordance with the said
practice.
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