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17th  May, 2003

Notification No. 49/2003 - Central Excise (N.T.)

            In exercise of the powers conferred by rule 5 of the CENVAT Credit Rules, 2002, the Central Government hereby makes the following amendments in the notification of  the Government of India in the Ministry of Finance (Department of Revenue), No. 11/2002-Central Excise (N.T.), dated the 1st March, 2002,  namely:- 

            In the said notification, in Appendix, in condition at S. No. 2, after the proviso, the following shall be inserted, namely:- 

“ Provided further that notwithstanding anything contained in this condition in respect of export clearance of textile and textile articles falling under Chapters 50 to 63 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the claim for such refund may be made for each calendar month.”. 

V. Sivasubramanian
Deputy Secretary to the Government of India

F.No. B 3/4/2003-TRU (Pt-II)

Footnote: The notification No. 11/2002-Central Excise (N.T.), dated the 1st March, 2002 was published in the Gazette of India, vide number G.S.R. 150 (E), dated the 1st March, 2002.