Excise Exemption on Point of Sale (POS)
Devices for Four Months
·
Parts for Manufacture of
POS Devices Exempted for Four Months
[Excise Notification No.
35 dated 28th November 2016]
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, -
(A) in
the opening paragraph, after the seventh proviso, the following proviso shall
be inserted, namely:-
“Provided also
that nothing contained in this notification shall apply to goods specified
against serial number 256 A and 256 B of the said Table after the 31st day of
March, 2017;”;
(B) in the Table, after
serial number 256 and the entries relating thereto, the following serial number
and entries shall be inserted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
256A |
8470 |
Point
of Sale (POS) Devices |
Nil |
- |
|
256B |
Any
Chapter |
All goods
for manufacture of Point of Sale (POS) Devices |
Nil |
2 |
[F. No.
354/213/2016-TRU]