J&K Excise Exemption Sunset for New Units in Two Months

     Notification for 31 March 2016 as Last Date for Commencement of Production Released

[Central Excise Notification No. 03 dated 22nd January 2016]

Seeks to amend Notifications No.56/2002-CE & No.57/2002-CE both dated 14.11.2002 so as to insert a sunset clause of 31.03.2016 and to deny the benefit of the exemption to goods on which certain specified processes have been undertaken

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, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, in the manner and to the extent specified in the corresponding entry in column (3) of the said Table, namely:-

Table

S.No.

Notification No. and date

Amendments

(1)

(2)

(3)

1.

56/2002-Central Excise, dated the 14th November, 2002 [G.S.R. 764(E), dated 14th November, 2002].

In the said notification,-

(a) in paragraph 3,

(i) in clause (a), after the figures, letters and words, "14th day of June, 2002", the words, figures and letters "but not later than the 31st day of March, 2016" shall be inserted;

(ii) in sub- clause (i) of clause (b), after the figures, letters and words, "14th day of June, 2002", the words, figures and letters, "but not later than the 31st day of March, 2016" shall be inserted;

(iii) in sub- clause (ii) of clause (b), after the figures, letters and words, "14th day of June, 2002", the words, figures and letters, "but not later than the 31st day of March, 2016" shall be inserted;

(b) after paragraph (4), the following paragraph shall be inserted, namely:-

"5. The exemption contained in this notification shall not apply to such goods which have been subjected to only one or more of the following processes, namely, preservation during storage, cleaning operations, packing or repacking of such goods in a unit container or labeling or re-labelling of containers, sorting, declaration or alteration of retail sale price and have not been subjected to any other process or processes amounting to manufacture in the State of Jammu and Kashmir.".

2.

57/2002-Central Excise, dated the 14th November, 2002 [G.S.R. 765(E), dated 14th November, 2002].

In the said notification,-

(a) in paragraph 3,-

(i) in clause (a), after the figures, letters and words, "14th day of June, 2002", the words, figures and letters "but not later than the 31st day of March, 2016" shall be inserted;

(ii) in sub-clause (i) of clause (b), after the figures, letters and words, "14th day of June, 2002", the words, figures and letters, "but not later than the 31st day of March, 2016" shall be inserted;

(iii) in sub-clause (ii) of clause (b), after the figures, letters and words, "14th day of June, 2002", the words, figures and letters, "but not later than the 31st day of March, 2016" shall be inserted and

(b) after paragraph (4), the following paragraph shall be inserted, namely:-

"5. The exemption contained in this notification shall not apply to such goods which have been subjected to only one or more of the following processes, namely, preservation during storage, cleaning operations, packing or repacking of such goods in a unit container or labeling or re-labelling of containers, sorting, declaration or alteration of retail sale price and have not been subjected to any other process or processes amounting to manufacture in the State of Jammu and Kashmir.".

[F.No. 332/09/2013-TRU]