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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-Section (i)

PUBLISHED BY AUTHORITY

No. 29] NEW DELHI, WEDNESDAY, MARCH 1 1967/PHALGUNA 10, 1888

Separate paging is given to this Part in order that it may be filed as a separate compilation.

MINISTRY OF FINANCE

(Department of Revenue and Insurance)

NOTIFICATION

CENTRAL EXCISES

New Delhi, the 1st March 1967

G.S.R. 296.—In exercise of the powers conferred by sub-rule (1 )of rule 6 of the Central Excise Rules, 1944, the Central Government hereby makes the following amendments to the notification of the Government of India in the Ministry of Fin- ance (Department of Revenue and Insurance) No. 75/66-Central Excises, dated the 30th April, 1966, namely: — In the said notification,—

(i) in clause (5) of the proviso,—

(a) for the words and figures "1st April, 1968", the words and figures "1st April, 1964" shall be substituted;

(b) after the words "as a bonafide cottage unit", the words "or which isset up by a co-operative society registered under any law relating to co-operative societies for the time being in force" shall be inserted, (ii) the following paragraphs shall be added at the end, namely.— "2 Notwithstanding anything contained in clause (3) of the proviso to paragraph 1 where a factory was In existence immediately before the 1st May, 1963, and on or after that date but before the 1st April, 1964 the ownership of the factory has been transferred to another ( 6 9)

person (hereinafter in this paragraph referred to as "the transferree") and the transferree was obliged to take out fresh licence for the manufacture of matches then, the transferree shall, if there has been no reduction in the .eve] of production in the factory after such transfer, be liable to pay duty at the rates at which the person who transferred the ownership of the factory would have paid had there been no such transfer.

3. Notwithstanding anything contained in clause (4) of the proviso to para- graph 1, where a factory was in existence immsdiately before the 1st April. 1964, and on or after that date the ownership of that fac- tory has been transferred to another person (hereinafter in this paragraph referred to as "the tansferree") and the tansferree was obllgsd to take out a fresh licence for the manufacture of matches, then, the transferee shall, if these has been no reduction in the level of production In the factory after such transfer, be liable to pay duty only at the rates at which the person who transferred the ownership of the factory would have paid had there been no such transfer."

[No. 32/37-C.E.—F. No. 7/75/66-CX.Vl]

S. K. BHATTACHARJEE, Jt. Secy.