Supersede notification No. 49/2008-Central Excise (N.T.) dated 24.12.2008

Last updated: 04 February 2022

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This notification, effective from 2nd February 2022, introduces new rules for Central Excise. It supersedes a previous notification from 2008. The government has specified certain goods, including pan masala containing tobacco, for which abatement will be allowed as a percentage of the retail sale price. The table details the specific tariff items and the applicable abatement rates.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(Department of Revenue)

Notification No. 01/2022-Central Excise (N.T.)

New Delhi, the 1^st February, 2022

G.S.R. 91(E).– In exercise of the powers conferred by sub-sections (1) and (2) of section 4A of the Central Excise Act, 1944 (1 of 1944) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 49/2008-Central Excise (N.T.), dated the 24^th December, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 882(E), dated the 24^th December, 2008, except as respects things done or omitted to be done before such supersession, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby specifies the goods under column (3) of the Table below and falling under the tariff item of the Fourth Schedule to the said Act, as specified in the corresponding entries in column (2) of the said Table, as the goods to which the provisions of sub-section (2) of said section shall apply and allows abatement as a percentage of retail sale price mentioned in the corresponding entry in column (4) of the said Table.

Table

Sl. No.	Tariff item	Description of goods	Abatement as a percentage of retail sale price
(1)	(2)	(3)	(4)
1.	2403 99 10, 2403 99 20, 2403 99 30	All goods	55
2.	2403 99 90	Pan masala containing tobacco	55

2. This notification shall come into force on the 2^nd February, 2022.

[F. No. 334/01/2022 – TRU]

(Vikram Vijay Wanere)

Under Secretary to the Government of India

FAQ :

This notification specifies goods to which provisions of sub-section (2) of section 4A of the Central Excise Act, 1944 shall apply and allows abatement as a percentage of retail sale price.

This notification supersedes Notification No. 49/2008-Central Excise (N.T.) dated 24th December 2008.

This notification comes into force on the 2nd February 2022.

The notification specifies goods under tariff items 2403 99 10, 2403 99 20, 2403 99 30 (All goods) and 2403 99 90 (Pan masala containing tobacco).

The abatement as a percentage of the retail sale price for pan masala containing tobacco is 55%.

Notification No : 01/2022-Central Excise (N.T.)
Source : https://www.indiabudget.gov.in/doc/cen/cennt0122.pdf

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