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Notification No. 53 dated 16th November 2000 (NT)
Whereas the Central government
had imposed a concessional rate of excise duty of Rupees 3100 per metric tonne
on trimmed or untrimmed sheets or circles of copper, falling under heading No.
74.09 of the First Schedule to the Central Excise Tariff Act, 1985 (6 of 1986)
(hereinafter referred to as the said Tariff Act) intended for use in the
manufacture of handicrafts or utensils, subject to the condition that the
manufacturer did not avail the credit of excise duty paid, under rule 57A or
rule 57B or rule 57Q of the Central Excise Rules, 1944 (hereinafter referred to
as the said Rules) as were in existence during the relevant time, and there are
manufacturers who manufacture and clear both trimmed or untrimmed sheets or
circles of copper, falling under heading No. 74.09 of the First Schedule to the
said Tariff Act, intended for use in the manufacture of handicrafts or utensils
attracting this concessional rate of excise duty and other goods falling under
heading No. 74.09 of the First Schedule to
the said Tariff Act attracting ad-valorem tariff rate of duty;
And whereas the Central
Government is satisfied that according to a practice that 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 said Act), the credit of duty of excise paid on capital goods, under rule
57Q of the said Rules, as was in existence during the relevant time, was not
being denied to assesses who were paying excise duty at the concessional rate of
Rupees 3100 per metric tonne on trimmed or untrimmed sheets or circles of
copper, intended for use in the manufacture of handicrafts or utensils and
tariff rate of excise duty on other goods falling under heading No. 74.09 of the
First Schedule to the said Tariff Act during the period commencing on the 1st
day of March, 1944 and ending with the 29th day of February, 2000;
Now, therefore, in exercise of
the powers conferred by section 11C of the said Act, the Central Government
hereby directs that the credit of duty of excise paid on capital goods under
rule 57Q of the said Rules, as was in existence during the relevant time, shall
not be denied to assesses who were paying excise duty at the concessional rate
of Rupees 3100 per metric tonne on trimmed or untrimmed sheets or circles of
copper, intended for use in the manufacture of handicrafts or utensils and
tariff rate of excise duty on other goods falling under heading No. 74.09 of the
First Schedule to the said Tariff
Act, in accordance with the said practice.
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