Amendment to Notification No. 27/87-C.E., relating to rebate for solvent extracted cotton seeds oil and No. 192/87, for soap - 017/88 - Central Excise - Tariff
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Credit restriction to indigenous inputs limits input credit and requires certificate for imported palm oil; rebate entries amended accordingly. The amendment substitutes condition (v) to limit credit to indigenous inputs, requiring manufacturers to produce documents on demand and, for palm oil, to obtain within five months a certificate from an authorized Directorate officer confirming indigenous origin; it also revises rebate entries in the Table by substituting a revised entry against an existing serial number and inserting new serial entries for solvent-extracted sunflower oil, solvent-extracted sanflower oil, and palm oil with specified rebate amounts, and separately replaces the Table entry for the first serial entry of the other notification with a revised figure.
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Credit restriction to indigenous inputs limits input credit and requires certificate for imported palm oil; rebate entries amended accordingly.
The amendment substitutes condition (v) to limit credit to indigenous inputs, requiring manufacturers to produce documents on demand and, for palm oil, to obtain within five months a certificate from an authorized Directorate officer confirming indigenous origin; it also revises rebate entries in the Table by substituting a revised entry against an existing serial number and inserting new serial entries for solvent-extracted sunflower oil, solvent-extracted sanflower oil, and palm oil with specified rebate amounts, and separately replaces the Table entry for the first serial entry of the other notification with a revised figure.
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