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: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: form 3cd :: articles on VAT and GST in India :: VAT RATES :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: cpt :: empanelment :: TDS :: Central Excise rule to resale the machines to a new company
 
 
« Latest Circulars »
 Investment by Foreign Portfolio Investors in Corporate Debt Securities – Review
 RBI-Issuance of Rupee Denominated Bonds (RDBs) Overseas
 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

Seeks to amend notification No. 12/2012 CE, dated the 17th March, 2012, so as to make necessary amendments in the specified entries thererin.
March, 07th 2013
[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
                                 New Delhi, the 1st March, 2013
                                  No. 12/2013-Central Excise

      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, 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. 12/2012-
Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part
II, Section 3, Sub-section (i) vide G.S.R. 163(E), dated the 17th March, 2012, namely: -
In the said notification,-




(a) in the proviso, for the figures, letters and words " 31st day of March, 2013", the figures,
letters and words "31st day of March, 2015" shall be substituted;

(b) in the Table,-

(i) after the serial number 8 and the entries relating thereto, the following serial number and the
    entries shall be inserted, namely:-

                       Tapioca starch manufactured and captively
                       consumed within the factory of their
 "8A.      1108 19                                                             Nil             -";
                       production, in the manufacture of Tapioca
                       sago (sabudana)

(ii) after the serial number 13 and the entries relating thereto, the following serial number and the
     entries shall be inserted, namely:-

"13A     2008 11 00                      Peanut butter                         Nil             -";

(iii) after the serial number 24 and the entries relating thereto, the following serial number and
the entries shall be inserted, namely:-


"24A     1903 00 00    Tapioca sago (sabudana)                           Nil             -";


(iv) against serial number 54, for the entry in column (4), the entry "Rs.60 per square metre" shall
    be substituted;
 (v) for serial number 55 and the entries relating thereto, the following shall be substituted,
namely:-

  `55     2503 00 10 All goods for manufacture of fertilizers.               Nil            2';
                     Explanation.-For the purposes of this entry,
                     the term "fertilizers" shall include bentonite
                     sulphur.

(vi) for serial number 134 and the entries relating thereto, the following serial number and the
    entries shall be substituted, namely:-

 "134         33        Henna powder or paste, not mixed with any            Nil             -";
                        other ingredient

(vii) serial number 146 and the entries relating thereto shall be omitted;

(viii) after serial number 173 and the entries relating thereto, the following serial number and the
      entries shall be inserted, namely:-

 `173A         57      The following goods, namely:-                         Nil             -';

                        (i)  Hand-made carpets, whether or not any
                             machines have been used to achieve
                             better finish during pre-weaving or post
                             weaving operations;
                       (ii) Carpets and other textile floor
                             coverings, knotted, woven, tufted, or
                             flocked of coconut fibres (coir) or jute,
                             whether or not made up, in or in
                             relation to the manufacture of which
                             any process is ordinarily carried on
                             with the aid of machines; and
                       (iii) Other carpets and other textile floor
                             coverings of coconut fibres (coir) or
                             jute, whether or not made up.
                       Explanation. - For the purposes of Chapter
                       57, the term "machines" shall not include
                       manually operated implements, used
                       independently by hand, such as hooking
                       guns, tufting guns and knitted guns.


(ix) after serial number 191 and the entries relating thereto, the following serial number and the
entries shall be inserted, namely: -
 "191A          71      Silver produced or manufactured during the             4%              -";
                        process of zinc or lead smelting starting from
                        the stage of zinc or lead ore or concentrate.

 (x) against serial number 197, for the entry in column (3), the entry "Silver, other than silver
     mentioned in Sl. Nos. 190,191 and 191A" shall be substituted;

 (xi) against serial number 212, for the entry in column (2), the entry "7323 or 7615 10 11" shall be
      substituted;

  (xii) against serial number 217, for the entry in column (3), the entry "Trimmed or untrimmed
       sheets or circles of copper, intended for use in the manufacture of handicrafts or utensils
       Explanation- For the purposes of this entry, `copper' means copper and copper alloys
       including brass." shall be substituted;

 (xiii) after serial number 263 and the entries relating thereto, the following serial number and the
       entries shall be inserted, namely:-

  "263A    8517         (i) Mobile handsets including cellular phones         6%               -
                        having retail sale price (RSP) more than Rs.
                        2000;
                        (ii) Mobile handsets including cellular
                        phones other than entry (i).                          1%              -";

 (xiv) against serial number 273, in column (3), for the entry at item (iii) and the corresponding
        entries in columns (4) and (5), the following items and entries shall be substituted, namely:-

 "(iii) Motor vehicles falling under heading 8702, 8703           80% of the excise            26
 for transport of up to thirteen persons, including the          duty paid at the time
 driver (other than three wheeled motor vehicles and                 of clearance
 Sports Utility Vehicles specified at Sl. No. 284A), which
 after clearance have been registered for use solely as taxi;



  
 (iv) Sports Utility Vehicles specified against Sl. No.           72% of the excise            26";
 284A, which after clearance have been registered for use        duty paid at the time
 solely as taxi.                                                     of clearance

(xv) for serial number 284 and the entries relating thereto, the following serial numbers and the
      entries shall be substituted, namely:-

  "284     8702 and      Following motor vehicles, namely:-
             8703         (i) Motor vehicles of engine capacity not           24%              -
                               exceeding 1500 cc; and
                         (ii) Motor vehicles of engine capacity                27%           -
                              exceeding 1500 cc other than motor
                              vehicles specified against entry at Sl.
                              No. 284A.
284A       8703        Motor vehicles of engine capacity exceeding             30%          -";
                       1500 cc, popularly known as Sports Utility
                       Vehicles (SUVs) including utility vehicles.
                       Explanation. - For the purposes of this entry,
                       SUV includes a motor vehicle of length
                       exceeding 4000 mm and having ground
                       clearance of 170 mm and above.
(xvi) against serial number 292A, in column (2), the entry "8706 00 42" shall be omitted;
(xvii) after serial number 292A and the entries relating thereto, the following serial number and
       the entries shall be inserted, namely:-
"292B    8706 00 42                       All goods                            13%          -";

(xviii) serial number 306 and the entries relating thereto shall be omitted;
(xix) after serial number 306, and the entries relating thereto, the following serial number and
      the entries shall be inserted, namely:-
"306A 8901,8904,                 All goods                                     Nil          -";
      8905 and
      8906 90 00

(c) In the ANNEXURE, condition number 47 and the entries relating thereto, shall be omitted.

                                                                           [F. No. 334/3/2013-TRU]




                                                                                    [Akshay Joshi]
                                                        Under Secretary to the Government of India

Note.- The principal notification No. 12/2012-Central Excise, dated the 17th March, 2012 was
       published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide
       number G.S.R. 163(E) dated the 17th March, 2012 and was last amended vide notification
       No.1/2013-Central Excise, dated the 21st January,2013 published in the Gazette of India,
       Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R .36 (E) dated the 21st
       January,2013.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

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