Export under Bond for Kholongchhu Hydro Electric Project in Bhutan

[Central Excise Notification No. 03 (Non Tariff) dated 3rd February 2016]

In exercise of the powers conferred by sub-rules (1) and (3) of rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 45/2001-Central Excise (N.T.), dated the 26th June, 2001 published in the Gazette of India, Extraordinary vide number G.S.R. 474(E), dated the 26th June, 2001,namely:-

In the said notification, paragraph 1, in sub-paragraph (5),-

(i)   For the marginal heading, the following marginal heading shall be substituted, namely:-

"Export of all excisable goods without payment of duty to Kurichu Hydro Electric Project, Tala Hydro Electric Project, Punatsangchhu- I Hydro Electric Project, Punatsangchhu-II Hydro Electric Project, Mangdechhu Hydro Electric Project and Kholongchhu Hydro Electric Project in Bhutan";

(ii)  for the words "Kurichu Hydro Electric Project, Tala Hydro Electric Project, Punatsangchhu-I Hydro Electric Project, Punatsangchhu-II Hydro Electric Project and Mangdechhu Hydro Electric Project " the words "Kurichu Hydro Electric Project, Tala Hydro Electric Project, Punatsangechhu-I Hydro Electric Project, Punatsangchhu-II Hydro-Electric Project, Mangdechhu Hydro-Electric Project and Kholongchhu Hydro Electric Project" shall be substituted.

[F.No.116/31/2015-CX.3]