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F.No.B-10/2/2000-TRU

Government of India

Ministry of Finance

Department of Revenue

Tax Research Unit

 

16th November, 2000

 

Sub: Central Excise – Valuation under section 4A – Extending the scheme to more commodities.

Madam/Sir,

 

        I am directed to say that the scheme of assessment under section 4A of the Central Excise Act, 1944, has been extended to 16 more commodities. Notification No. 52/2000(NT) dated 16th November, 2000 has been issued in this regard.

 

        2. The above notification shall come into force on 1st December, 2000. It is requested that necessary action to implement the notification may be taken accordingly. The trade and industry concerned may be apprised immediately about the change in the scheme of assessment that will come into force from 1st December, 2000, and the field officers may be instructed to guide the manufacturers concerned and take appropriate action to switch over to the new scheme.

 

 

(T.R. Rustagi)

Joint Secretary to the Govt. of India

 

 

 

TELEX / E - MAIL

 

 

 

FROM : JOINT SECRETARY, TAX RESEARCH, FINREV, NEW DELHI

 

TO : ALL CHIEF COMMISSIONERS

ALL COMMISSIONERS OF CENTRAL EXCISE

ALL COMMISSIONERS OF CUSTOMS AND CENTRAL EXCISE

 

 

 

F.NO.B-10/2/2000-TRU (.) NOTIFICATION NO. 52/2000-CENTRAL EXCISE (N.T.) DATED 16.11.2000 HAS BEEN ISSUED TODAY EXTENDING THE M.R.P. BASED EXCISE DUTY ASSESSMENT SCHEME TO SIXTEEN MORE EXCISABLE GOODS (.) THE NOTIFICATION COMES INTO FORCE ON THE IST DECEMBER, 2000 (.) THE BRIEF DESCRIPTION OF THE GOODS AND THE PERCENTAGE OF ABATEMENT ALLOWED AGAINST EACH OF THEM ARE GIVEN BELOW (.)

 

SUGAR SYRUPS, ARTIFICIAL HONEY, CARAMEL (1702.30) – 40%; WHITE CEMENT (2502.21) – 40%, HYDRAULIC BRAKE FLUIDS (3819.00) – 40%; ANTI-FREEZING PREPARATIONS AND PREPARED DE-ICING FLUIDS (3820.00) – 40%; STENCIL CORRECTORS AND OTHER CORRECTING FLUIDS, INK REMOVERS PUT UP IN RETAIL PACKINGS (3824.90) – 40%; SELF ADHESIVE TAPES, OF PLASTICS (3919.00) – 40%; INSULATED WARE (3923.10) – 40%; CARBON PAPER, SELF-COPY PAPER, DUPLICATOR STENCILS, OF PAPER (4816.00) – 40%; CLEANSING OR FACIAL TISSUES, HANDKERCHIEFS AND TOWELS OF PAPER (4818.90) – 40%; VITRIFIED TILES (6905.10) – 50%; WATER FILTERS AND WATER PURIFIERS, OF A KIND USED FOR DOMESTIC PURPOSES (8421.10) – 40%; STAPLING MACHINES (8472.00) – 40%; STAPLES IN STRIPS, PAPER CLIPS, OF BASE METAL (8305.00) – 40%; UNRECORDED AUDIO CASSETTES (8523.12) – 40%; VIDEO CASSETTES (8523.14 & 8524.34) – 40% AND MAGNETIC DISCS (8523.20 & 8524.40) – 40%

 

BOARD DESIRES THAT SELF CONTAINED TRADE NOTICES MAY KINDLY BE ISSUED IMMEDIATELY TO APPRISE THE TRADE AND INDUSTRY ABOUT THE CHANGE IN THE SCHEME OF ASSESSMENT OF EXCISE DUTY TO BE FOLLOWED FROM 1ST DECEMBER, 2000 (.) COPY OF THE NOTIFICATION AND INSTRUCTIONS ARE BEING SENT BY E-MAIL AND ALSO BY SPEED POST, TODAY (.)

 

 

N.T.B.T.

 

(M.M.PARTHIBAN)

TECHNICAL OFFICER(TRU)

 

New Delhi, Dated the 16th November, 2000.