GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 05/2016 – Central Excise
New Delhi, Dated the 01st of March, 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) read with sub-section (3)
of section 3 of the Additional Duties of Excise (Goods of Special Importance)
Act, 1957 (58 of 1957) and subsection (3) of section 3 of the Additional Duties
of Excise (Textile and Textile Articles) Act, 1978, (40 of 1978), the Central
Government, being satisfied that it is necessary in the public interest so to
do, hereby further amends the following notifications of the Government of India
in the Ministry of Finance (Department of Revenue), specified in column (2) of
the Table below, in the manner and to the extent specified in the corresponding
entry in column
(3) of the said Table, namely:- Table
| S. No. |
Notification No. and date |
Amendments |
| (1) |
(2) |
(3) |
| 1. |
56/2002-Central Excise, dated the 14th November,2002. [G.S.R. 764 (E), dated the 14th November, 2002] |
In the said notification, after paragraph 4, the following paragraph shall be inserted, namely :-
“5. The exemption contained in this notification shall not apply to:
(a) a new industrial unit engaged in production of refined gold or silver from gold dore, silver dore or any other raw material, which commences commercial production on or after 1st of March, 2016;
(b) an existing industrial unit as on 1st of March, 2016, which undertakes substantial expansion of existing capacity or installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machinery or capital goods, and commences commercial production from such expanded capacity or such fresh plant, machinery or capitalgoods, on or after 1st March, 2016.”. |
| 2. |
57/2002-Central Excise, dated the 14th November,2002. [G.S.R. 765 (E), dated the 14th November, 2002] |
In the said notification, after paragraph 4, the following paragraph shall be inserted, namely :-
“5. The exemption contained in this notification shall not apply to:
(a) a new industrial unit engaged in production of refined gold or silver from gold dore, silver dore or any other raw material, which commences commercial production on or after 1st of March, 2016;
(b) an existing industrial unit as on 1st of March, 2016, which undertakes substantial expansion of existing capacity or installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machinery or capital goods, and commences commercial production from such expanded capacity or such fresh plant, machinery or capitalgoods, on or after 1st March, 2016.”. |
|
3. |
20/2007-Central Excise, dated the 25th April, 2007. [G.S.R. 307 (E), dated the 25th April, 2007] |
In the said notification, after paragraph 7, the following paragraph shall be inserted, namely :-
“8. The exemption contained in this notification shall not apply to:
(a) a new industrial unit engaged in production of refined gold or silver from gold dore, silver dore or any other raw material, which commences commercial production on or after 1st of March, 2016;
(b) an existing industrial unit as on 1st of March, 2016, which undertakes substantial expansion of existing capacity or installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machinery or capital goods, and commences commercial production from such expanded capacity or such fresh plant, machinery or capitalgoods, on or after 1st March, 2016.”. |
|
4. |
01/2010-Central Excise, dated the 6th February,2010. [G.S.R. 62 (E), dated the 6th February, 2010] |
In the said notification, after paragraph 10, the following paragraph shall be inserted, namely :-
“11. The exemption contained in this notification shall not apply to:(a) a new industrial unit engaged in production of refined gold or silver from gold dore, silver dore or any other raw material, which commences commercial production on or after 1st of March, 2016;(b) an existing industrial unit as on 1st of March, 2016, which
undertakes substantial expansion of existing capacity or installs fresh
plant, machinery or capital goods for production of gold or silver from
gold dore, silver dore or any other raw material, by using such expanded
capacity or such fresh plant, machinery or capital goods, and commences
commercial production from such expanded capacity or such fresh plant,
machinery or capital
goods, on or after 1st March, 2016.”. |
[F. No. 334/8/2016 –TRU]
(K. Kalimuthu)
Under Secretary to the Government of India
|