Excise Duty Exemption to Ordnance Factories Withdrawn
Excise
duty exemption presently available to Ordnance Factories is being withdrawn.
S.No.1 and 6 of notification No.62/95-CE dated 16.03.1995 as omitted by
notification No.23/2015-Central Excise, dated 30.04.2015 refers. Further,
excise duty exemption presently available to Defence PSUs is being withdrawn.
S.No.2 and 16 of notification No.63/95-CE dated 16.03.1995 as omitted by
notification No.23/2015-Central Excise, dated 30.04.2015 refers. These
changes, however, will be effective from 01.06.2015.
[Central
Excise Notification No. 23 dated 30th April 2015]
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), the Central Government, on being satisfied that it is necessary in the
public interest so to do, hereby directs that each of the notifications of the
Government of India in the Ministry of Finance (Department of Revenue),
specified in column (2) of the Table hereto annexed shall be further amended,
in the manner specified in the corresponding entry in column (3) of the said
Table, namely :-
|
Table |
||
|
S. No. |
Notification number and date |
Amendments |
|
(1) |
(2) |
(3) |
|
1. |
62/1995-Central Excise, dated the 16thMarch, 1995 [G.S.R. 254(E), dated the 16th March, 1995] |
In the said notification, in the TABLE, - (i) S.No. 1 and the
entries relating thereto shall be omitted; (ii) S.No. 6 and the entries
relating thereto shall be omitted. |
|
2. |
63/1995-Central Excise, dated the 16thMarch, 1995 [G.S.R.255(E), dated the 16th March, 1995] |
In the said notification, in the TABLE, - (i) S.No. 2 and the
entries relating thereto shall be omitted; (ii) S.No.16 and the entries relating thereto shall
be omitted. |
2. This
notification shall come into force with effect from the 1st day of June, 2015.
[F.No. 334/5/2015-TRU]