Clarification reg notf no 27/2012 ce

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Dear Sir,

Kindly clarify the Notification No 27/2012 - Central Excise dt 30/05/2012,

Notification No 18/2012 CE reg the Change of Excise Duty from 10% to 12%, 

What will the impact on this notf no 18/2012 CE

Plz clarify .

Thanks

Ajay Raghatate

 

 

Notification No. 27/2012-Center Excise

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

 

Government of India
Ministry of Finance 
(Department of Revenue)

Sub : Seeks to rescind Notfns. 09/2012, 10/2012, 11/2012, 18/2012 and 23/2012 – C.E.

G.S.R. 409 (E) - 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 rescinds the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),as specified in column (2) of the Table below, except as respects things done or omitted to be done before such rescission, namely:-

Table

SL. NO. NOTIFICATION NO. AND DATE
(1) (2)
1. 09/2012 – Central Excise, dated 17-03-2012.[G.S.R. 160 (E), dated 17-03-2012]
2. 10/2012 – Central Excise, dated 17-03-2012.[G.S.R. 161 (E), dated 17-03-2012]
3. 11/2012 – Central Excise, dated 17-03-2012.[G.S.R. 162 (E), dated 17-03-2012]
4. 18/2012 – Central Excise, dated 17-03-2012.[G.S.R. 169 (E), dated 17-03-2012]
5. 23/2012 - Central Excise, dated 08-05-2012. [G.S.R. 345 (E), dated 08-05-2012] 

[F. No. B-1/1/2012 -TRU]

[Raj Kumar Digvijay]
Under Secretary to the Government of India

 

Replies (4)

There is no impact for the above  mentioned notifications. The notification mentioned as per 27/2012 are 09,10,11,18,23 are temporary notification issued up to getting ascent from the president of India for the finance bill 2012. These changes are now incorporated in the Central Excise Tariff Act itself so there is no separate notification is required. There by Department withdrawn the temporary notifications.

Dear Mr. Ajay

Agree with Mr. Sunil Kumar. In other words it may be say that some of the notification are got effected from immediate effect from next day of budget speech and are incoporated in finance bill for enactment. Now the Finance Bill got enacted from parliamnet and President also.

So, the larger authority is finace bill now not notiication. So deptt has recined the notification.

Mr Sunil : Please correct me if I am wrong.

Regards

HS Negi

Yes You are right  Mr. H.S Negi. Otherwise it will become duplication.

Dear Ajay

I hope, things are clear now.

Regards

HS Negi

 


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