Central Excise Notification No. 27 dated 1^st April 2003 (NT)

In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Central Excise Rules, 2002, namely: -

1.     

(1)       These rules may be called the Central Excise (Fourth Amendment) Rules, 2003.

(2)       They shall come into force on the date of their publication in the Official Gazette.

2.      In the Central Excise Rules, 2002, -

(i)      in rule 8, in sub-rule (3), in the second Proviso, for the words beginning with � without payment of duty� and ending with � shall follow�, the following words shall be substituted, namely: -

�without payment of duty, and where such duty and interest are not paid within a period of one month from the due date, the consequences and the penalties as provided in these rules shall follow.�

(ii)     in rule 12B, for the words and figures �the yarns or fabrics falling under Chapter 50, 51, 52, 53, 54, 55, 58 or 60 or readymade garments falling under Chapter 61 or 62 of First Schedule to the Tariff Act�, wherever they occur, the words and figures �yarns or fabrics falling under Chapter 50, 51, 52, 53, 54, 55, 58 or 60, readymade garments falling under Chapter 61 or 62 or made up textile articles falling under Chapter 63 of First Schedule to the Tariff Act� shall be substituted;