The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 206] NEW DELHI. FRIDAY, JULY 14, 1978/ASADHA 23, 1900
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATIONS
New Delhi, the 14th July, 1978
CENTRAL EXCISES
G.S.R. 363(E).—In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby makes the following further amendment in the notification of the Government of India, Department of Revenue and Banking, No. 198/76-Central Excises, dated the 16th June, 1976, namely :—
620 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]CENTRAL EXCISES
G.S.R. 364{E).—In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts tyres and tubes, exclud- ing flaps, falling under Item Numbers 16(1) and 16(3) of the First Schedule to the Central Excises and Salt Act, 1944 (1 of 1944) [hereinafter referred to as the specified goods], from so much of the duty of excise leviable thereon [read with? any relevant notification issued1 under the said sub-rule (1) of rule 8 and in force for the time being], us is in excess of—
(a) eighty-seven and A. half per cent, of the such duty, if produced in any factory which commenced pro- duction of the specified goods for the first lime earlier than the 1st day of April, 1976; and
(b) seventy-five per cent of such duty, if produced in any factory which commenced production of Ihe specified goods for the first time on or after Ihc 1st day of April, 1976,
subject to the conditions that—
(a) (i) where the specified goods are produced in a factory whose annual licensed capacity or annual installed capacity is the same, such licensed capacity or installed capacity, as certified by the Development Officer of the Directorate General of Technical Deveolpment does not exceed live lakh numbers of tyres and five lakh numbers of tubes, or
(ii) where the specified goods are produced in a factory whose annual licensed capacity is different from the annual installed capacity, such licensed capa- city or installed capacity, whichever is lower, as certified by the Development Officer of the Direc- torate General of Technical Development, does not exceed five lath numbers of tyres and five lakh numbers of tubes;
(b) clearances of the specified goods for home consump- tion not exceeding seventy-five per c"nt of the licensed capacity for the financial year 1978-79 shall only be entitled for exemption under this notification.
Explanation.—In calculating clearances of the specified goods for home consumption to the extent of seventy-five per cent of the licensed capacity for the financial year 1978-79, quantities of the specified goods, if any, in respect of which concessional rate of duty had been charged under the notification of the Government of India, Department of Revenue and Banking No. 198/76-Central Excises, dated ihe 16th June, 1976 during the period commencing on the 1st day of April, 1978 and ending with the day preceding the date of publication of this notification in the Official Gazette shall also be taken into account.
2. This notification shall remain in force upto and inclu- sive of the 31st day of March, 1979.
[No. 142/78-CE] LAJJA RAM, Dy. Secy.