Easy Office

Regarding excise duty on Agriculture grade Zinc Sulphate

Last updated: 12 June 2009

 Notice Date : 05 June 2009

Regarding excise duty on Agriculture grade Zinc Sulphate

NOTIFICATION NO 13/2009-CX.,(N.T.)

Dated: June 5, 2009

Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duties of excise (including non-levy thereof) namely, the duties of excise leviable under section 3 of the Central Excise Act, 1944(1 of 1944), on Agriculture grade Zinc Sulphate ordinarily used as micronutrient falling under Chapter Sub-heading 2833 29 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) which was liable to duties of excise but according to the said practice, the duties of excise were not being levied during the period commencing on the 1 st day of January, 2007 and ending with the 8 th day of October, 2007.

Now, therefore, in exercise of the powers conferred by section 11 C of the Central Excise Act, 1944(1 of 1944), the Central Government hereby directs that the whole of the duties of excise payable under the aforesaid Act, on such Agriculture grade Zinc Sulphate ordinarily used as micronutrient but for the said practice, shall not be required to be paid in respect of such Agriculture grade Zinc Sulphate ordinarily used as micronutrient on which said duty of excise were not being levied during the period aforesaid, in accordance with the said practice:

Provided that the benefit of this notification shall not be admissible unless the unit claiming the benefit of this notification pays an amount equivalent to the cenvat credit attributable to inputs and input services used in, or in relation to the manufacture of said goods:

Provided further that only a manufacturer who has paid the duty on said goods shall be eligible to claim refund under the provisions of sub-section(2) of section 11 C of the Act, and the refund shall be paid in the following manner, namely:-

(i) the amount of duty paid in cash shall be refunded in cash; and

(ii)  the amount of duty paid by utilization of cenvat credit available under the Cenvat Credit Rules, 2004 shall be refunded by way of taking the said credit.

[F.No. 106/03/2007-CX.3]

(Ashima Bansal)
Under Secretary to the Government of
India

 




Comments

CAclubindia's WhatsApp Groups Link