Amends notification no. 12/2012-Central Excise - Prescribes effective rate of duty on goods falling under chapter 1 to 96. - 28/2012 - Central Excise - Tariff

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Bank Guarantee acceptance permitted alongside Fixed Deposit Receipt under amended notification security conditions. The notification amends the ANNEXURE to Notification No. 12/2012-Central Excise by substituting the words 'Fixed Deposit Receipt' with 'Fixed Deposit Receipt or Bank Guarantee' in Condition No. 42 and Condition No. 43, thereby permitting a bank guarantee as an alternative form of security under those conditions.

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Bank Guarantee acceptance permitted alongside Fixed Deposit Receipt under amended notification security conditions.

The notification amends the ANNEXURE to Notification No. 12/2012-Central Excise by substituting the words "Fixed Deposit Receipt" with "Fixed Deposit Receipt or Bank Guarantee" in Condition No. 42 and Condition No. 43, thereby permitting a bank guarantee as an alternative form of security under those conditions.

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Amends notification no. 12/2012-Central Excise - Prescribes effective rate of duty on goods falling under chapter 1 to 96. - 28/2012 - Central Excise - Tariff

Bank Guarantee acceptance permitted alongside Fixed Deposit Receipt under amended notification security conditions.

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Amends notification no. 12/2012-Central Excise - Prescribes effective rate of duty on goods falling under chapter 1 to 96. - 28/2012 - Central Excise - Tariff

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Bank Guarantee acceptance permitted alongside Fixed Deposit Receipt under amended notification security conditions.

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