In exercises of the powers conferred by clause (b) of sub-rule (2) of the rule 12 of the Central Excise Rules, 2002,(hereinafter referred to as the said rules)  the Central Government, being satisfied that it is necessary and expedient in the public interest so to do, hereby exempts from the operation of clause (a) sub-rule(2) of rule 12  of the said rules the assessee who paid duty of excise less than One Hundred Lakh Rupees from account current during the financial year to which the Annual Financial Information Statement relates.