Notification
No. 5 /2011-Central Excise
New Delhi, the 28th February, 2011
G.S.R. (E). - 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, on being
satisfied that
it is necessary in the public interest so to do, hereby makes the following
further amendments
in the notification of the Government of India in the Ministry of Finance
(Department of
Revenue), No. 5/2006-Central Excise, dated the 1st March, 2006 which was
published in the Gazette of India, Extraordinary, vide G.S.R. 95(E) dated the 1st March, 2006,
namely: -
In the said notification,-
- for the letters “Rs.”, wherever they occur, the symbol “Rs ” shall be
substituted;
- in the Table,-
- in column (4) for the entry “4%, wherever it occurs, the entry “5% shall be
substituted;
- after S.No.2A and the entries relating thereto, the following shall be
inserted,
namely:-
| (1) |
(2) |
(3) |
(4) |
(5) |
| “2B |
5307 1010,5307 2000 |
Jute Yarn |
Nil |
-”; |
- S. No. 8 and the entries relating thereto shall be omitted;
- S. No. 12 and the entries relating thereto shall be omitted;
- S. No. 13A and the entries relating thereto shall be omitted;
- S. No. 14 and the entries relating thereto shall be omitted;
- S. No. 16 and the entries relating thereto shall be omitted;
- for S. No. 21A, and entries relating thereto, the following S.No. and
entries shall be
substituted, namely:-
| (1) |
(2) |
(3) |
(4) |
(5) |
| “21A |
71 |
Gold bars, other than tola bars,
bearing Manufacturer"s engraved
serial number and weight expressed
in metric units manufactured in a
factory starting from the stage of-
(a) gold ore or concentrate;
(b) gold dore bar
Explanation.- For the purposes of
this exemption, „gold dore bar" shall
mean dore bars having gold content not exceeding 80% accompanied by an assay
certificate issued by the mining company, giving details of composition.
|
Rs 200 per 10 gms |
-”; |
- after S. No. 21A and the entries relating thereto, the following S. Nos.
and entries
shall be inserted, namely:-
| (1) |
(2) |
(3) |
(4) |
(5) |
| “21B |
71 |
Silver arising in the manufacture of gold bars,
other than tola bars,
bearing the manufacturer"s engraved
serial number and weight expressed
in metric units, starting from the
stage of gold ore/concentrate or gold
dore bars in the same factory. |
Rs 1500 per kg |
- |
| 21C |
71 |
The following goods manufactured or produced
during the process of copper smelting starting from the stage of copper
ore or concentrate in the same factory:-
(i) gold bars, other than tola bars,
bearing manufacturer"s or
refiner"s engraved serial number and weight expressed in metric units and
gold coin;
(ii) silver in any form |
Rs 300per 10
gm
Rs 1500 per kg |
- |
| 21D |
7106 10 00, 7106 91 00 or 7106 92 90
|
Silver, other than silver mentioned in 21B and
21C above |
- |
-”; |
- against S. No. 24, in column (3), item (I) and the entries relating thereto
in column (4)
and (5) shall be omitted;
- S. No. 26 and the entries relating thereto shall be omitted;
- S.No.31 and the entries relating thereto shall be omitted;
- S.No.34 and the entries relating thereto shall be omitted;
- in the Annexure, Condition no. 6 and the entries relating thereto shall be
omitted.
Note.- The principal notification No. 5/2006-Central Excise, dated the 1st
March, 2006 was
published in the Gazette of India, Extraordinary, vide number G.S.R. 95(E),
dated the 1st
March, 2006 and last amended vide notification no.11/2010-Central Excise, dated
the 27th
February, 2010, published vide number G.S.R.113 (E), dated the 27th February,
2010.