Amendment in the notification No. 36/2001- Central Excise (N.T.), dated the 26th June, 2001 - 40/2008 - Central Excise - Non Tariff

Exemption filing requirement updated; revised declarations and declarant code now required before opting for excise procedure.

The amendment mandates that manufacturers claiming the exemption must file a revised declaration for the preceding financial year by the specified deadline; independent weavers opting for the procedure under rule 8A of the CENVAT Credit Rules, 2002 must apply in Annexure IA and obtain a twelve digit declarant code from the Superintendent before issuance of any challan, and the option once exercised during a financial year is irrevocable. The Schedule is replaced to require detailed factory, proprietary interest, business status, PAN and VAT registration, electricity connection particulars, and a table of excisable goods with tariff classification and notification references.