Amends Notification No. 22/2003 CE dated 31/3/2003

Amends Notification No. 22/2003 CE dated 31/3/2003

[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)
 
New Delhi, the 23rd February, 2009
 
Notification No. 03/2009 - Central Excise 
 

G.S.R. 110 (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978), 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. 22/2003-Central Excise, dated the 31st March, 2003, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 265 (E), dated the 31st March, 2003, namely:-
 
In the said notification, in the ANNEXURE-V, for the entry against serial number 31, the following entry shall be substituted, namely:-
 
           “Spares upto a value of 5 percent. of the value of respective goods  specified at Sl.No.1 to Sl.No. 29 in each financial year.”.
 
F.No: DGEP/FTP/13/2008-EOU & G & J(Pt-I)
 
 
            (Rahul Nangare)
Under Secretary to the Government of India
 
 
Note: The principal notification No. 22/2003-Central Excise, dated the 31st March, 2003 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub section (i) vide number G.S.R 265 (E), dated the 31st March, 2003 and last amended by notification No. 26/2008-Central Excise, dated the 5th May, 2008 published vide number G.S.R. 335 (E), dated the 5th May, 2008.