GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 36/2016 – Central Excise
New Delhi, the 1st December, 2016
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, 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. 12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette
of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 163 (E), dated
the 17th March, 2012, namely:-
In the said notification, in the Table, for serial number 200 and the entries relating thereto,
the following serial number and entries, shall be substituted, namely:-
| (1) |
(2) |
(3) |
(4) |
(5) |
| “200 |
7114 |
(I) Articles of goldsmiths‟ or silversmiths‟ wares of precious metal
or of metal clad with precious metal, bearing a brand name; |
1% |
25 |
| (II) Gold coins of purity 99.5% and above, bearing a brand name when
manufactured from gold on which appropriate duty of customs or excise
has been paid; |
Nil |
52A |
| (III)Silver coins of purity 99.9% and above, bearing a brand name
when manufactured from silver on which appropriate duty of customs or
excise has been paid. |
Nil |
- |
| Explanation. – For the purposes of this exemption,- |
|
|
| (1) “brand name” means a brand name or trade name, whether
registered or not, that is to say, a name or mark, such as a symbol,
monogram, label, signature or invented words or any writing which is
used in relation to a product, for the purpose of indicating, or so as
to indicate, a connection in the course of trade between the product and
some person using such mane or mark with or without any indication of
the identity of that person; |
|
|
| (2) an identity put by a jeweller or the job worker, commonly known
as „house mark‟ shall not be considered as a brand name.”. |
|
|
[F. No. 354/122/2016 –TRU]
(Anurag Sehgal)
Under Secretary to the Government of India
Note:- The principal notification
No. 12/2012-Central Excise, dated the 17th March, 2012 was
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide
number G.S.R. 163(E), dated the 17th March, 2012 and last amended vide notification
No. 35/2016 -Central Excise, dated the 28th November, 2016 published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1097(E),
dated the 28th November, 2016.