Amendments in notification 67/1995

[Guest]

Dear Sir, As per notification 19/2014 what is the amendment in this notification ,pls explain ,

thanks and regards

[YAGAY andSUN]

Dear Sandesh,

It means that "Matches" are included in the Notification No. 67/1995 by amending the notification no. 16/2003 vide notification no. 19/2004.

Regards

Team YAGAY and SUN

Management and Indirect Tax Consultants

[Rajagopalan Ranganathan]

Sir,

By amending Notification 67/1995-CE dated 16.03.1995 by Notification No. 19/2014-CE dated 10.07.2014 the entries in Column (2) of the Table appended to Notification No. 67/1995 are as follows: -

"All goods falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) "

Prior to this amendment the entry in Column (2) was as follows:-

"All goods falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), other than light diesel oil, high speed diesel oil and motor spirit, commonly known as petrol" '

[YAGAY andSUN]

Dear All,

Please check point no.8 of the Notification No. 16/2003-C.E. dated 01-03-2003 in this regard. Relevant text is reproduced for your ready reference.

8.

67/95-Central Excise, dated the 16th March, 1995

In the said notification, - (i) with effect from the 1st day of April, 2003, in the opening paragraph, for the words, figures and letter "section 5A of the Central Excises and Salt Act, 1944 (1 of 1944),", the words, figures and letter "section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance Act, 1957 (58 of 1957), (herein after referred to as the said Special Importance Act)," shall be substituted; (ii) with effect from the 1st day of April, 2003, in the opening paragraph, after sub-paragraph (ii),for the words and figures "from the whole of the duty of excise leviable thereon, which is specified in the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986):", the words and figures "from the whole of the duties of excise leviable thereon which is specified in the Schedules to the Central Excise Tariff Act, 1985 (5 of 1986) or additional duty of excise leviable thereon, which is specified in the Schedule to the said Special Importance Act:" shall be substituted; (iii) with effect from the 1st day of April, 2003, in the proviso, for the words "duty of excise leviable thereon", the words "duty of excise or additional duty of excise leviable thereon" shall be substituted (iv) in the TABLE, - (a) in column (1), for the words "high speed diesel oil", the words "light diesel oil, high speed diesel oil" shall be substituted; (b) with effect from the 1st day of April, 2003, for the entry in column (2), the following shall be substituted, namely:- "All goods falling under the First Schedule to the Central Excise Tariff Act, 1985, other than matches.".

 

AI Summary

Inclusion of matches in excise notification expands scope to cover all goods under the First Schedule. The amendment to Notification No. 67/1995 broadens the table entry to read generally as covering 'All goods falling under the First Schedule to the Central Excise Tariff Act, 1985', replacing earlier wording that excluded specified petroleum products; related amendments under Notification No. 16/2003 adjusted statutory references and substituted table entries to address duty and additional duty, and to clarify the treatment of matches and certain diesel categories.