Excise Duty Reduced to 5% from 10% on
Parts for the Manufacture of Printers
[Ref: Central Excise Notification No. 26 dated 24th
March 2011]
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, 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. 6/2006-Central Excise, dated the 1st
March, 2006, published in the Gazette of India, Extraordinary vide number
G.S.R. 96(E) dated 1st March, 2006, namely:-
In the said notification, in the Table,-
(I) for S. No. 12D and the entries relating
thereto, the following S. No. and entries shall be substituted, namely:-
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“12D |
8443 99 |
Parts for the
manufacture of printers falling under sub-heading 8443 32 |
5% |
2 and 3”; |
(II) Against
S. No. 91C, in column (3), for the Explanation, the following shall
be substituted, namely:-
“Explanation.-
For the purpose of this exemption, Mega Power Project means:-
(a) A
thermal power plant of a capacity of 700 MW or more, located in the States of
Jammu and Kashmir, Sikkim, Arunachal Pradesh, Assam, Meghalaya, Manipur,
Mizoram, Nagaland and Tripura; or
(b) A
thermal power plant of capacity of 1000 MW or more, located in States other
than those specified in clause (a) above; or
(c) A hydel power plant of a capacity of 350 MW or more, located
in the States of Jammu and Kashmir, Sikkim, Arunachal Pradesh, Assam,
Meghalaya, Manipur,
Mizoram, Nagaland and Tripura; or
(d) A hydel power plant of capacity of 500 MW or more, located in
States other than those specified in clause (c) above.”.
[F.
No. B-1/3/2011- TRU]