Amends notification no. 5/2006 – Effective Rate of Duty on goods of Chapter 54 to Chapter 82 - 05/2011 - Central Excise - Tariff

Effective rate of duty change raises specified tariff entries and revises excise exemptions for jute, gold and silver.

Amendment revises the Central Excise tariff table by substituting the currency symbol, increasing the effective duty rate for specified entries, inserting a nil duty entry for jute yarn, deleting multiple serial numbered entries, and replacing certain entries with new provisions specifying excise treatment for gold and silver. The revised provisions condition exemptions on the manufacturing starting stage, manufacturer's engraved serial numbers and metric weight, and, for dore bars, an assay certificate; additional entries address silver and gold arising in metallurgical processes and specific duties for those insertions. Condition no. 6 in the Annexure is omitted.