banner_ad

Amends Notification No.22/2003-Central Excise dated 31.3.2003

Last updated: 25 August 2016

 Notice Date : 24 August 2016

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

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 31/2016-Central Excise

New Delhi, the 24th August, 2016

S.O. (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 subsection (3) of section 3 of Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978), the Central Government 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, hereinafter referred to as the said notification, namely: -

2. In the said notification, -

(i) in the opening paragraph, in condition (7), in clause (iv) for the words “bonded premises” the words “premises of the unit” shall be substituted;

(ii) in paragraph (2a), the words “and following the rewarehousing procedure” shall be omitted;

(iii) in paragraph (2b), the words “and following the rewarehousing procedure” and “and by following the rewarehousing procedure” shall be omitted;

(iv) in paragraph 4, for the words “bonded premises” the words “premises of the unit” shall be substituted;

(v) in paragraph 5, for condition

(vii), the following condition shall be substituted, namely: -

“(vii) the unit shall be required to have a premises for secure storage of goods procured duty free under this notification and the final products manufactured or produced therefrom and the details of the premises shall be declared to the said officer.”;

(vi) in paragraph 8, the words “or to debond”, “or debonding”, “debonding or” and “, as the case may be” wherever they occur shall be omitted.

[F. No. 484/03/2015(Pt. II) – LC]

(Temsunaro Jamir)

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 was last amended by Notification No.45/2015– Central Excise dated 24th November, 2015, published in the Gazette of India, Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 900 (E), dated 24th November, 2015.

 

Guest
Notification No : 31/2016-Central Excise
Published in Excise


CCI Pro Comments




CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news





Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details