Date: 2016-01-01Category: Extra OrdinaryState: Union GovernmentCountry: India
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, 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
Executive Summary:
This notification, effective January 2, 2016, amends the Central Excise notification No. 12/2012-Central Excise, dated March 17, 2012. It specifies revised excise duties on certain items, amending serial numbers 70 and 71 in the original notification's table. The amendments are made under the authority of Section 5A of the Central Excise Act, 1944.
Key Points / Main Content:
Excise Duty Amendments:
* Serial Number 70:
* Item i: The excise duty is revised to Rs. 7.73 per litre.
* Item ii: The excise duty is revised to Rs. 8.91 per litre.
* Serial Number 71:
* Item i: The excise duty is revised to Rs. 7.83 per litre.
* Item ii: The excise duty is revised to Rs. 10.19 per litre.
Effective Date:
* The notification is effective from January 2, 2016.
Impact Analysis:
Central Government:
* Impact: Responsible for implementing and enforcing the amended excise duties.
* Action Required: Ensure proper collection and accounting of the revised excise duties.
Businesses/Manufacturers:
* Impact: Must comply with the revised excise duty rates for the specified goods.
* Action Required: Adjust pricing and accounting systems to reflect the new duty rates, effective January 2, 2016.
Consumers:
* Impact: Potential impact on the price of goods subject to the revised excise duties.
* Action Required: Be aware of potential price changes in the market.
Key Entities Referenced
Central Excise Act, 1944: The primary legislation authorizing the Central Government to levy and collect excise duties.
Ministry of Finance: The ministry responsible for fiscal policy, revenue, and economic affairs of the Government of India.
Department of Revenue: A department under the Ministry of Finance, responsible for tax collection and administration.
New Delhi: The location where the notification was issued. New Delhi, Delhi is the capital of India.
Central Government: The executive authority responsible for implementing the Central Excise Act and related policies.
Notification No. 12/2012-Central Excise: A central excise notification, which is being amended by the current notification.
Gazette of India: The official government publication in which notifications, rules, and regulations are published.
ANURAG SEHGAL: Under Secretary, TRU (Tax Research Unit), signing the notification.
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No. 01] NEW DELHI, FRIDAY, JANUARY 01, 2016/ PAUSA 11 , 1937
िव(cid:7004)त म(cid:7074)ं ालय
(राज(cid:7021) व िवभाग)
अिधसचू ना
नई (cid:7408)द(cid:7016) ली, 1 जनवरी, 2016
सं. 1/2016-के(cid:7008) (cid:7076)ीय उ(cid:7004) पाद शु(cid:7016)क
सा.का.िन.1 (अ).—के(cid:7008) (cid:7076)ीय सरकार, के(cid:7008) (cid:7076)ीय उ(cid:7004) पाद श(cid:7016)ु क अिधिनयम, 1944 (1944 का 1) क(cid:7409) धारा 5क क(cid:7409)
उपधारा (1) (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:6989)त य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, यह समाधान हो जाने पर (cid:7408)क लोकिहत म(cid:7286) ऐसा करना आव(cid:7019) यक ह,ै
भारत सरकार के िव(cid:7004) त मं(cid:7074)ालय (राज(cid:7021) व िवभाग) क(cid:7409) अिधसूचना सं. 12/2012- के(cid:7008) (cid:7076)ीय उ(cid:7004) पाद श(cid:7016)ु क, तारीख 17 माच(cid:6981),
2012 म,(cid:7286) जो भारत के राजप(cid:7074), असाधारण, भाग II, खंड-3, उपखंड (i) म(cid:7286) सा.का.िन. 163(अ), तारीख 17 माच(cid:6981), 2012
(cid:7367)ारा (cid:7079)कािशत क(cid:7409) गई थी, िन(cid:7013) निलिखत और संशोधन करती ह,ै अथा(cid:6981)त-्
उ(cid:6989) त अिधसूचना म,(cid:7286) सारणी म,(cid:7286) -
(i) (cid:7059)म सं(cid:6990) या 70 म,(cid:7286) -
(क) (cid:7021) तंभ (3) क(cid:7409) मद (i) के सामन े (cid:7021)त भं (4) म (cid:7286) क(cid:7409) (cid:7079)िवि(cid:7020)ट के (cid:7021)थ ान पर, “7.73 #पय े (cid:7079)ित िलटर ” (cid:7079)िवि(cid:7020)ट
(cid:7079)ित(cid:7021) थािपत क(cid:7409) जाय(cid:7286)गी;
(ख) (cid:7021) तंभ (3) क(cid:7409) मद (ii) के सामन े (cid:7021)त भं (4) म (cid:7286) क(cid:7409) (cid:7079)िवि(cid:7020)ट के (cid:7021)थ ान पर, “8.91 #पय े (cid:7079)ित िलटर ” (cid:7079)िवि(cid:7020)ट
(cid:7079)ित(cid:7021) थािपत क(cid:7409) जाय(cid:7286)गी;
(ii) (cid:7059)म सं(cid:6990) या 71 म,(cid:7286) -
(क) (cid:7021) तंभ (3) क(cid:7409) मद (i) के सामन े (cid:7021)त भं (4) म (cid:7286) क(cid:7409) (cid:7079)िवि(cid:7020)ट के (cid:7021)थ ान पर, “7.83 #पय े (cid:7079)ित िलटर ” (cid:7079)िवि(cid:7020)ट
(cid:7079)ित(cid:7021) थािपत क(cid:7409) जाय(cid:7286)गी;
10GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(ख) (cid:7021) तंभ (3) क(cid:7409) मद (ii) के सामन े (cid:7021)त भं (4) म (cid:7286) क(cid:7409) (cid:7079)िवि(cid:7020)ट के (cid:7021)थ ान पर, “10.19 #पय े (cid:7079)ित िलटर ” (cid:7079)िवि(cid:7020)ट
(cid:7079)ित(cid:7021) थािपत क(cid:7409) जाय(cid:7286)गी;
2. यह अिधसूचना 2 जनवरी, 2016 से (cid:7079)भावी होगी।
[फा.सं. 354/123/2014-टीआरयू]
अनुराग सहगल, अवर सिचव
(cid:7407)ट(cid:7009)प ण: — मूल अिधसूचना सं. 12/2012-के(cid:7008) (cid:7076)ीय उ(cid:7004) पाद श(cid:7016)ु क , तारीख 17 माच(cid:6981), 2012, सा.का.िन. 163(अ), तारीख 17
माच(cid:6981), 2012 भारत के राजप(cid:7074), असाधारण, भाग -II, खंड -3, उपखंड (i) म,(cid:7286) (cid:7079)कािशत क(cid:7409) गई थी और सा.का.िन. 974(अ),
तारीख 16 (cid:7408)दस(cid:7013)बर, 2015 उसम(cid:7286) अंितम संशोधन अिधसूचना सं. 46/2015- के(cid:7008) (cid:7076)ीय उ(cid:7004) पाद श(cid:7016)ु क, तारीख 16 (cid:7408)दस(cid:7013)बर,
2015 के (cid:7367)ारा (cid:7408)कया गया था।
MINISTRY OF FINANCE
(Department Of Revenue)
NOTIFICATION
New Delhi, the 1st January, 2016
No. 1/2016-Central Excise
G.S.R. 1(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, 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.12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II,
Section 3, Sub-section (i) (cid:118)(cid:100)(cid:105)(cid:101) G.S.R. 163(E), dated the 17th March, 2012, namely: —
In the said notification, in the Table,-
(i) in serial number 70,-
(a) against item (i) of column (3), for the entry in column (4), the entry “Rs. 7.73 per litre” shall be substituted;
(b) against item (ii) of column (3), for the entry in column (4), the entry “Rs. 8.91 per litre” shall be substituted;
(ii) in serial number 71,-
(a) against item (i) of column (3), for the entry in column (4), the entry “Rs. 7.83 per litre” shall be substituted;
(b) against item (ii) of column (3), for the entry in column (4), the entry “Rs. 10.19 per litre” shall be substituted;
2. This notification shall come into force with effect from the 2nd day of January, 2016.
[F. No.354/123/2014 -TRU]
ANURAG SEHGAL, Under Secy.
Note.- The principal notification No. 12/2012-Central Excise, dated the 17th March, 2012 was published in the Gazette of
India, Extraordinary, Part II, Section 3, Sub-section (i) (cid:118)(cid:100)(cid:105)(cid:101) number G.S.R. 163(E) dated the 17th March, 2012 and was last
amended (cid:118)(cid:100)(cid:105)(cid:101) notification No.46/2015-Central Excise, dated the 16th December, 2015 published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i) (cid:118)(cid:100)(cid:105)(cid:101) number G.S.R. 974(E), dated the 16th December, 2015.
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