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Date: 25-Jan-2024 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944)

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification No. 04/2024-Central Excise, issued by the Ministry of Finance, Department of Revenue, amends notification No. 11/2017-Central Excise, dated June 30, 2017. These amendments pertain to central excise duties and are made under the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944.

Key Changes

  • Extension of a provision: In the Table, against Sl. No. 3, in column (3), after item (ii), in the proviso, the figures “2024” have been replaced with “2025”. This suggests an extension of an existing benefit or condition until 2025.
  • Amendment of tariff entry: In the Table, against Sl. No. 3A, in column (2), the entry “27101930” has been replaced with “2710 19 44, 2710 19 49”. This indicates a change in the classification or description of goods subject to central excise.
  • Extension of another provision: After Annexure, in the proviso, in item (b), the figures “2023” have been replaced with “2025”. This suggests an extension of another existing benefit or condition until 2025.

Impact Analysis

Businesses involved in Central Excise

  • Action Item: Conduct an internal review of excise duty liabilities and ensure alignment with the updated tariff codes and validity periods.

Government Revenue

  • Action Item: The Department of Revenue should monitor the impact of these amendments on revenue collections and adjust policies as needed.

Consumers

  • Action Item: Monitor price fluctuations of relevant goods and services to assess the impact on consumers.

Key Entities Referenced

Ministry of Finance (Department of Revenue): The issuing authority of the notification, responsible for fiscal policy and revenue collection. Central Excise Act, 1944: The primary legislation governing central excise duties in India. Notification No. 11/2017-Central Excise, dated the 30th June, 2017: The principal notification being amended by this notification. Notification No.15/2023-Central Excise, dated the 31st March, 2023: The notification through which the principal notification was last amended.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-25012024-251606 CG-DxLx-xEG-I2D5H0x1x2x0 24-251606 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 64] नई दिल्ली, बृहस्ट्प जतिार, िनिरी 25, 2024/माघ 5, 1945 No. 64] NEW DELHI, THURSDAY, JANUARY 25, 2024/MAGHA 5, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) अजधसचू ना नई दिल्ली 25 िनिरी, 2024 सख्ं य ा 04/2024-केन्‍दर ीय उत्प ाि िल्ु क सा.का.जन. 71(अ).—केन्‍द रीय उत् पाि िुल् क अजधजनयम, 1944 (1944 का 01) की धारा 5क की उप धारा (1) के तहत प्रित्त िजियों का प्रयोग करते हुए, केन्‍द र सरकार, इस बात स े संतुष्ट होत े हुए दक ऐसा करना िनजहत म ें आिश् यक ह,ै एतिद्वारा, भारत सरकार, जित् त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना संख् या 11/2017-केन्‍द रीय उत् पाि िुल् क, दिनांक 30 िून, 2017, जिसे सा.का.जन. 793 (अ), दिनांक 30 िनू , 2017 के तहत भारत के रािपत्र, असाधारण, के भाग II, खंड 3, उप खंड (i) म ें प्रकाजित दकया गया था, म ेंऔर आगे भी जनम्न जलजखत संिोधन करती ह,ै यथा:- उि अजधसूचना म,ें- (i) सारणी म,ें क्रम संख् या 3 के समक्ष, कॉलम (3) म,ें मि (ii) के पश् चात , परंतुक म,ें अंक "2024" के स्ट्थ ान पर, अंक “2025" को प्रजतस्ट्थाजपत दकया िाएगा; 553 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (ii) सारणी म,ें क्रम संख् या 3 (क) के समक्ष, कॉलम (2) म,ें प्रजिजि "27101930” के स्ट्थान पर, प्रजिजि “2710 19 44, 2710 19 49" को प्रजतस्ट्थाजपत दकया िाएगा; (iii) अनुबंध के बाि, परंतुक म,ें मि (ख) म,ें अंक "2023" के स्ट्थान पर, अंक "2025" प्रजतस्ट्थाजपत दकया िाएगा। [फा. स.ं 190354/295/2021 –टीआरयू] जनजति कनााटक, अिर सजचि नोट: प्रधान अजधसूचना संख् या 11/2017-केन्‍द रीय उत् पाि िुल् क, दिनांक 30 िून, 2017, जिसे सा.का.जन. 793 (अ), दिनांक 30 िून, 2017 के तहत भारत के रािपत्र, असाधारण, के भाग II, खंड 3, उप खंड (i) म ें प्रकाजित दकया गया था और इसम ें अंजतम बार अजधसूचना संख् या 15/2023–केन्‍द रीय उत् पाि िुल् क, दिनांक 31 माचा, 2023, जिसे सा.का.जन. 241 (अ) दिनांक 31 माच,ा 2023 के तहत भारत के रािपत्र, असाधारण, के भाग II, खंड 3, उप खंड (i) म ें प्रकाजित दकया गया था, के द्वारा संिोधन दकया गया ह ै। MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi the 25th January, 2024 No. 04/2024-Central Excise G.S.R. 71(E).— In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 11/2017-Central Excise, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 793(E), dated the 30th June, 2017, namely:- In the said notification,- (i) in the Table, against Sl. No. 3, in column (3), after item (ii), in the proviso, for the figures “2024”, the figures “2025” shall be substituted; (ii) in the Table, against Sl. No. 3A, in column (2), for the entry “27101930”, the entry “2710 19 44, 2710 19 49” shall be substituted; (iii) after Annexure, in the proviso, in item (b), for the figures “2023”, the figures “2025” shall be substituted. [F. No. 190354/295/2021-TRU] NITISH KARNATAK, Under Secy. Note: -The principal notification No. 11/2017-Central Excise, dated the 30th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide, number G.S.R. 793(E), dated the 30th June, 2017 and last amended by notification No.15/2023-Central Excise, dated the 31st March, 2023 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 241 (E), dated the 31st March, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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