FTZ Corrected to SEZ

[Central Excise Notification No. 25 dated 14^th June 2016]

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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.67/95-Central Excises, dated the 16th March, 1995, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 259(E), dated the 16th March, 1986, namely:-

In the said notification, in the proviso, in item (i), for the words “Free Trade Zone” the words “Special Economic Zone” shall be substituted.

[F. No. 354/34/2016-TRU]

[Central Excise Notification No. 24 dated 14^th June 2016]

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 sub-section (3) of section 136 of the Finance Act, 2001(14 of 2001), the Central Government on 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.214/86-Central Excises, dated the 25th March, 1986, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 547(E), dated the 27th March, 1986, namely:-

In the said notification, for the words “free trade zone", wherever they occur, the words “Special Economic Zone” shall be substituted.

[F. No. 354/34/2016-TRU]