Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: VAT RATES :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: form 3cd :: cpt :: ACCOUNTING STANDARD :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: list of goods taxed at 4% :: empanelment
 
 
« Latest Circulars »
 Inclusion of “Suryoday Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
  Trade Repository for OTC Foreign Exchange and Interest Rate Derivatives
 RBI to regulate peer-to-peer lending firms
  Export Data Processing and Monitoring System (EDPMS) Issuance of Electronic Bank Realisation Certificate (eBRC)
 Export Data Processing and Monitoring System (EDPMS) Issuance of Electronic Bank Realisation Certificate (eBRC)
 Auction for Sale (Re-issue) of Government Stock (GS)
 RBI-Auction of Government of India Dated Securities September 18, 2017
 RBI releases Handbook of Statistics on the Indian Economy 2016-17
 Sources of Variation in Foreign Exchange Reserves in India during April-June 2017
 Inclusion of “Emirates NBD Bank (P.J.S.C)” in the Second Schedule to the Reserve Bank of India Act, 1934
  Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission

Amends Notification No. 5/2006-Central Excise, dated the 1st March, 2006
January, 19th 2012

[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)

 

 

 Notification No. 2/2012-Central Excise

New Delhi, the 16th January, 2012 

 

G.S.R. (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, 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. 5/2006-Central Excise, dated the 1st March, 2006 which was published in the Gazette of India, Extraordinary, vide G.S.R. 95(E) dated the 1st March, 2006, namely: -

 

In the said notification, in the Table,-

 

 (i)   for S. No. 21A, and the entries relating thereto, the following shall be substituted, namely:-

 

(1)

(2)

(3)

(4)

(5)

21A

71

Gold bars, other than tola bars, bearing manufacturers engraved serial number and weight expressed in metric units manufactured in a factory starting from the stage of-

(a)   gold ore or concentrate;

(b)   gold dore bar; or

(c)   silver dore bar

Explanation.- For the purposes of this exemption, gold dore bars shall mean dore bars having gold content not exceeding 95% andsilverdore bar shall mean dore bars having silver content not exceeding 95% accompanied by an assay certificate issued by the mining company, giving details of composition.

 

1.5%

-;

 

 

(ii)   for S. No. 21B and the entries relating thereto, the following shall be substituted, namely:-

 

(1)

(2)

(3)

(4)

(5)

21B

71

Silver manufactured in a factory starting from the stage of-

(a)       silver ore or concentrate;

(b)      silver dore bar; or

      (c)    golddore bar.

Explanation.- For the purposes of this exemption, gold dore bars and silver dore bar shall have the same meaning as inS. No. 21A.

4%

-;

 

 

(iii)    for S. No. 21C, and the entries relating thereto, the following shall be substituted, namely:-

 

(1)

(2)

(3)

(4)

(5)

21C

71

The following goods manufactured or produced during the process of copper smelting starting from the stage of copper ore or concentrate in the same factory:-

(i) gold bars , other than tola bars, bearing manufacturers or refiners engraved serial number and weight expressed in metric units and gold coin;

(ii)  silver in any form

 

 

 

 

 

2%

 

 

 

6%

-;

 

(iv)    against S. No. 25, in column (3), for the words silver, platinum, the words platinum, shall be substituted.

 

 

2. This notification shall come into force with effect from 17th January, 2012.

 

 [F. No. 354/4/2012-TRU]

  

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

 

 

Note.- The principal notification No.5/2006-Central Excise, dated the 1st March, 2006 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 95(E) dated the 1st March, 2006 and was last amended vide notification No.25/2011-Central Excise, dated the 24th  March ,2011 which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R 237 (E) dated the 24th March, 2011.

 

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Sitemap

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions