NTF. NO. 15/2004-CE(N.T.), DT. 10/08/2004

CBEC amends Excise NT 43/2001 to make place for Education Cess

In exercise of the powers conferred by sub-rule (3), read with sub-rule (2) of rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Ministry of Finance (Department of Revenue) No.43/2001-Central Excise (N.T.) dated the 26th June, 2001, namely:-

In the said notification,-

(a) in paragraph (ii), the following proviso shall be inserted at the end, namely:-

“Provided that the manufacturer may furnish a general bond without surety or security, or a letter of undertaking in the Form specified in Annexure-II to the Ministry of Finance (Department of Revenue) notification No.42/2001-Central excise(N.T.) dated, the 26th June, 2001 in lieu of a bond;”

(b) in Explanation-I, after (e), the following clauses shall be inserted, namely:-

“(f) the National Calamity Contingent duty leviable under section 136 of the Finance Act, 2001 (14 of 2001), as amended by Section 169 of the Finance Act, 2003 (32 of 2003) which was amended by Section 3 of the Finance Act, 2004 (13 of 2004);

(g) the Education Cess on excisable goods as levied and collected under Clause 81 read with Clause 83 of the Finance (No.2) Bill, 2004.”

NEERAV KUMAR MALLICK
Under Secretary to the Government of India

F.No.209/7/2003-CX.6

Note: [The Principal Notification No.43/2001-CE (NT) dated 26.6.2001 was published in the Gazette of India vide GSR No.472 (E), dated 26.6.2001 and was last amended vide Notification No.10/2004-C.E. (NT) dated, 3.6.2004 [GSR No. 350 (E), dated 3.6.2004]

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