Home India Ministry of Finance In exercise of the powers conferred by sub rule 1 of rule 20...
Date: 2016-07-04 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub rule 1 of rule 20 of the Central Excise Rules, 2002, the Central Government being satisfied that it is necessary in public

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

This notification, No. 31/2016-Central Excise (N.T.), issued by the Ministry of Finance, Department of Revenue, and dated July 4, 2016, amends Notification No. 17/2004-Central Excise (N.T.), dated September 4, 2004 (G.S.R. 565(E)). The amendment, made in exercise of powers conferred by sub-rule (1) of rule 20 of the Central Excise Rules, 2002, inserts clause (c) after item (vii) of clause (b) and before "Explanation" in Sl. No. 2, column 2 of the table within the principal notification. Clause (c) pertains to "bunker fuels for use in ships or vessels, as referred to in Sl. No. 65A of the table in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) vide number G.S.R. 163(E) dated 17th March, 2012." The amendment is deemed necessary in the public interest. The notification is issued under the authority of Under Secretary, Rohan, and bears file number F. No. 831/2015-CX.3.

Key Entities Referenced

Central Excise Rules, 2002: A set of rules related to Central Excise duty, mentioned in the context of exercising powers conferred by subrule 1 of rule 20. Ministry of Finance, Department of Revenue: The Government of India ministry and department responsible for the notification and related excise matters. New Delhi: The city where the notification was issued. Central Excise: Refers to the Central Excise tax. Notification No. 17/2004-Central Excise N.T.: A specific notification related to Central Excise, dated 4th September 2004, which is being amended by this notification. G.S.R. 660(E): The Gazette of India, Extraordinary, notification number for this central excise notification. Notification No. 12/2012-Central Excise: A Central Excise notification, dated 17th March, 2012, that is referenced in the amended notification. ROHAN: Under Secretary who signed the notification.
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