Home India Ministry of Finance In exercise of the powers conferred by sub section 1 of sect...
Date: 2020-02-14 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,

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Summary:** This notification, No. 2/2020-Central Excise, issued by the Ministry of Finance, Department of Revenue, on February 14, 2020, introduces an amendment to the Government of India Notification No. 20/2015-Central Excise, dated April 8, 2015 (G.S.R. 271(E)). The amendment, enacted under the authority of Section 5A(1) of the Central Excise Act, 1944, allows duty credit provided under the 2% Additional Ad Hoc Incentive, as per paragraph 3.25 of the Foreign Trade Policy, to be included in the scrip used for exemption from the whole of excise duty leviable on goods cleared under the Fourth Schedule to the Central Excise Act. The Director of Drawback, Gopal Krishna Jha, can be contacted at F. No. 605/04/2020-DBK for further information. The principal notification was last amended on April 9, 2019, vide notification No. 01/2019-Customs (G.S.R. 294(E)).

Key Entities Referenced

G.S.R. 118E: A government notification number related to Central Excise. Ministry of Finance: The government ministry responsible for financial matters such as revenue, expenditure, and economic policy. Department of Revenue: A department within the Ministry of Finance responsible for tax collection and administration. Central Excise Act, 1944: An Indian law related to the imposition and collection of central excise duties. New Delhi: The capital city of India, where the notification was issued. Foreign Trade Policy: A set of guidelines and regulations governing import and export activities. GOPAL KRISHNA JHA: Director, Drawback Central Government: The executive authority of the Government of India.
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रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-14022020-216160 xxxGIDExxx CG-DL-E-14022020-216160 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 100] नई ददल्ली, िुक्रिार, फरिरी 14, 2020/माघ 25, 1941 No. 100] NEW DELHI, FRIDAY, FEBRUARY 14, 2020/MAGHA 25, 1941 जित्त मत्रं ालय (राजस्ट्ि जिभाग) अजधसचू ना नई ददल्ली, 14 फरिरी, 2020 स.ं 2/2020 –केन्द्रीय उत्पाद िल्ु क सा.का.जन. 118(अ).—केन्द्रीय उत्पाद िुल्क अजधजनयम, 1944 (1944 का 1) की धारा 5 (क) की उपधारा (1) के तहत प्रदत्त िजियों का प्रयोग करते हुए, केंर सरकार, इस बात स े संतुष्ट होते हुए दक ऐसा करना जनजहत म ें आिश्यक ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ट्ि जिभाग), की अजधसूचना संख्या 20/2015-सीमा िुल्क, ददनांक 8 अप्रैल, 2015 जजसे सा.का.जन. 271 (अ), ददनांक 8 अप्रलै , 2015 के तहत भारत के राजपत्र, असाधारण के भाग II, खण्ड 3, उपखण्ड (i) म ें प्रकाजित दकया गया था, म ें और आगे भी संिोधन करती ह,ै यथा:- उि अजधसूचना म,ें प्रारंजभक पैराग्राफ म,ें जनम्नजलजखत परन्द्तकु को अंतस्ट्थाजपत दकया जाएगा, यथा:- “बित े की उि पची, जजसके जिरुद्ध जनकाजसत माल को इस केंरीय उत्पाद िुल्क अजधजनयम की चौथी अनुसूची के अंतगगत उद्ग्रहीत संपूणग उत्पाद िुल्क से छूट जमलती ह,ै म ें जिदेि व्यापर नीजत के पैराग्राफ 3.25 के अनुसार 2% अजतररि तदथ ग प्रोत्साहन के तहत जमलने िाली िुल्क जमा भी िाजमल हो सकती ह।ै " [फा. सं. 605/04/2020-डीबीके] गोपाल कृष्ण झा, जनदेिक (ड्रॉबैक) 927 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] नोट : प्रधान अजधसूचना स.ं 20/2015-सीमािुल्क ददनांक 8 अप्रलै , 2015 सा.का.जन.स.ं 271 (अ), ददनांक 8 अप्रैल, 2015 के तहत भारत के राजपत्र, असाधारण के भाग II, खण्ड 3, उपखण्ड (i) म ें प्रकाजित हुआ था और इसम ें अंजतम बार संिोधन अजधसूचना स.ं 01/2019-केन्द्रीय उत्पाद िुल्क, ददनांक 9 अप्रलै , 2019 जजसे सा.का.जन. 294 (अ), ददनांक 9 अप्रलै , 2019 के तहत भारत के राजपत्र, असाधारण के भाग II, खण्ड 3, उपखण्ड (i) म ें प्रकाजित दकया गया था, के द्वारा दकया गया ह।ै MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 14th February, 2020 No. 2/2020 – Central Excise G.S.R. 118(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, Ministry of Finance (Department of Revenue), No. 20/2015-Central Excise, dated the 8th April, 2015, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i), vide number G.S.R. 271 (E), dated the 8th April, 2015, namely:- In the said notification, in the opening paragraph, the following proviso shall be inserted, namely:- “Provided that the said scrip, against which goods when cleared are exempted from the whole of duty of excise leviable thereon under the Fourth Schedule to the said Central Excise Act, may include duty credit provided under the 2% Additional Ad Hoc Incentive in terms of paragraph 3.25 of the Foreign Trade Policy.”. [F. No. 605/04/2020-DBK] GOPAL KRISHNA JHA, Director (Drawback) Note : The principal notification No. 20/2015-Customs, dated the 8th April, 2015 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 271 (E), dated the 8th April, 2015 and was last amended vide notification No. 01/2019-Customs, dated the 9th April, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 294 (E), dated the 9th April, 2019. 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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