Excise Duty notifications to reduce effective rate of excise duty from 10% to 8%

7:06 PM
NOTIFICATION NO 4/2009-Central Excise,

Dated : February 24, 2009

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 directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be amended or further amended, as the case may be, in the manner specified in the corresponding entry in column (3) of the said Table, namely :-

TABLE

S. No. Notification number and date Amendments
(1) (2) (3)
1. 3/2006-Central Excise, dated the 1st March, 2006 In the said notification, in the Table, in column (4), for the entry “10%”, wherever it occurs, the entry “8%” shall be substituted.
2. 4/2006-Central Excise, dated the 1st March, 2006 In the said notification, in the Table, in column (4), -

(i) for the entry “10% or Rs.290 per tonne, whichever is higher”, wherever it occurs, the entry “8% or Rs.230 per tonne, whichever is higher” shall be substituted;

(ii) for the entry “10% of the value of such gold potassium cyanide excluding the value of gold used in the manufacture of such goods”, wherever it occurs, the entry “8% of the value of such gold potassium cyanide excluding the value of gold used in the manufacture of such goods” shall be substituted;

(iii) for the entry “10% of the value of material , if any, added and the amount charged for such manufacture”, wherever it occurs, the entry “8% of the value of material , if any, added and the amount charged for such manufacture” shall be substituted.

3. 5/2006-Central Excise, dated the 1st March, 2006 In the said notification, in the Table, in column (4), for the entry “10%”, wherever it occurs, the entry “8%” shall be substituted.
4. 6/2006-Central Excise, dated the 1st March, 2006 In the said notification, in the Table, in column (4), -

(i) for the entry “10%”, wherever it occurs, the entry “8%” shall be substituted;

(ii) for the entry “10% + Rs.10,000 per chassis”, wherever it occurs, the entry “8% + Rs.10,000 per chassis” shall be substituted.

5. 2/2008-Central Excise, dated the 1st March, 2008 In the said notification, in the Table, in column (3), -

(i) for the entry “10%”, wherever it occurs except, for the entry occurring against S. No. 14, 16 and 18, the entry “8%” shall be substituted;

(ii) for the entry “10% + Rs.10,000 per chassis”, wherever it occurs, the entry “8% + Rs.10,000 per chassis” shall be substituted.


F. No.354/210/2008-TRU (Part)

[Unmesh Sharad Wagh]

Under Secretary to the Government of India

Note. -

(1) The principal notification No.3/2006-Central Excise, dated the 1 st March, 2006 was published in the Gazette of India, Extraordinary, part II, section 3, sub-section (i) vide number G.S.R.93 (E), dated the 1st March, 2006, and was last amended by notification No. 58/2008-Central Excise, dated the 7 th December, 2008 published vide number G.S.R. 840(E), dated the 7 th December 2008.

(2) The principal notification No.4/2006-Central Excise, dated the 1 st March, 2006 was published in the Gazette of India, Extraordinary, part II, section 3, sub-section (i) vide number G.S.R.94 (E), dated the 1st March, 2006, and was last amended by notification No. 64/2008-Central Excise, dated the 24 th December, 2008 published vide number G.S.R. 887(E), dated the 24 th December, 2008.

(3) The principal notification No.5/2006-Central Excise, dated the 1 st March, 2006 was published in the Gazette of India, Extraordinary, part II, section 3, sub-section (i) vide number G.S.R.95 (E), dated the 1st March, 2006, and was last amended by notification No. 58/2008-Central Excise, dated the 7 th December, 2008 published vide number G.S.R. 840(E), dated the 7 th December 2008.

(4) The principal notification No.6/2006-Central Excise, dated the 1 st March, 2006 was published in the Gazette of India, Extraordinary, part II, section 3, sub-section (i) vide number G.S.R.96 (E), dated the 1st March, 2006, and was last amended by notification No. 58/2008-Central Excise, dated the 7 th December, 2008 published vide number G.S.R. 840(E), dated the 7 th December 2008.

(5) The principal notification No.2/2008-Central Excise, dated the 1 st March, 2008 was published in the Gazette of India, Extraordinary, part II, section 3, sub-section (i) vide number G.S.R.130 (E), dated the 1 st March, 2008, and was last amended by notification No. 58/2008-Central Excise, dated the 7 th December, 2008 published vide number G.S.R. 840(E), dated the 7 th December 2008.

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