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22nd July, 2003
Notification No. 58/2003 - Central Excise
In exercise of the powers conferred by sub-section (1) of section
5A of the Central Excise Act, 1944 (1 of 1944) ( hereinafter
referred to as the Central Excise Act), read with sub-section (3)
of section 3 of the Additional Duties of Excise (Goods of Special
Importance) Act, 1957 (58 of 1957), the Central Government,
being satisfied that it is necessary in the public interest so to
do, hereby exempts all excisable goods ( hereinafter referred to
as the said goods) specified in the First Schedule to the Central
Excise Tariff Act, 1985 ( 5 of 1986), produced or manufactured by
a unit ( hereinafter referred to as the unit) when supplied
to units in special economic zone, from whole of the duty
of excise leviable thereon under section 3 of the said Central
Excise Act, and the additional duty of excise leviable under
sub-section (1) of section 3 of the Additional Duties of
Excise (Goods of Special Importance) Act, 1957 (58 of 1957),
subject to the following conditions, namely:-
(i) |
that such goods are removed from the
factory or warehouse, as the case may be, in accordance with
the procedure specified in rule 11 of the Central Excise
Rules, 2002;
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(ii) |
that the said goods are supplied
against a domestic procurement certificate issued to the
special economic zone unit by customs authorities in
the special economic zone;
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(iii) |
that the proof of export, duly
certified by the Deputy Commissioner of Customs or the
Assistant Commissioner of Customs in the special economic
zone, is submitted to the officer-in-charge of the Central
Excise range concerned, within a period of one month from the
date of removal of such goods from the place of manufacture
or production.
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2. This notification shall come into
force on the 15th day of August, 2003.
Explanation.- For the purposes of this notification, the
special economic zone means the special economic zones as
specified in the notification issued under section 76A of the
Customs Act, 1962 (52 of 1962).
D. S. Garbyal Under Secretary to the Government of India
F. No. 314/24/2001-FTT |