EOUs Allowed to Sell Ships
with Excise Exemption into DTA
Seeks
to further amend notification No. 22/2003-CE dated 31-03-2003 so as to enable
EOUs to become eligible for duty exemption on raw materials/parts consumed in
manufacture of certain specified ships/vessels and cleared to DTA, even if such
ships/vessels are exempt from basic customs duty and central excise/CV duty.
[Ref: Notification No. 45/2015-Central
Excise dated 24 November 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) and sub-section (3) of section 3 of the Additional Duties of Excise
(Textiles and Textile Articles) Act, 1978 (40 of 1978), the Central Government,
on being satisfied that it is necessary in the public interest so to do, hereby
makes the following further amendment in the notification of the Government of
India, in the Ministry of Finance (Department of Revenue), No. 22/2003-Central
Excise, dated the 31st March, 2003, published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i), vide number
G.S.R. 265(E), dated the 31st March, 2003, namely:-
In the
said notification, in Paragraph 6, for the second proviso, the following
proviso shall be substituted, namely:-
“Provided further that where such articles (including rejects,
waste, scrap and remnants) are either non excisable or such articles (including
rejects, waste, scrap and remnants) other than articles falling under
heading/tariff item 8901, 8902 00 10, 8905 10 00 or 8906 if imported, are leviable to nil rate of duty of customs specified under
First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and nil additional
duty leviable under section 3 of the said Customs
Tariff Act, read with exemption notification in this regard , if any, no
exemption in respect of inputs utilized for the purpose of processing,
manufacture, production or packaging of such articles (including rejects,
waste, scrap and remnants) shall be available under this notification”.
[F.No. 354/166/2014-TRU]