Exemption of gold potassium cyanide used in-factory for manufacturing gold jewellery removes central excise duty on that input.
The notification inserts a new table entry exempting gold potassium cyanide used within the factory of production for the manufacture of gold jewellery, specifying a Nil rate of duty under the Central Excise Act and placing the entry after S.No. 45 of the principal notification.

Tariff exemption for rubberised coir mattresses introduced; footwear exempted subject to a retail price cap and deletions made.
The amendment substitutes S.No.173A to exempt footwear sold at or below a prescribed retail sale price and adds an explanatory definition of "retail sale price" as the maximum packaged consumer price inclusive of taxes, freight, commission and related charges; it also inserts S.No.243A (94.04) to grant Nil excise duty to rubberised coir mattresses and omits items (b) and (i) from column (3) against S.No.262, thereby further amending Notification No.3/2001-CE.

Original value of investment in plant and machinery defined by ICAI Accounting Standards on Fixed Assets, clarifying excise treatment.
Insertion of Explanation II into Notification No. 39/2001-CE clarifies that the "original value of investment in plant and machinery installed in the factory" means the original value as determined in accordance with the Accounting Standards issued by the Institute of Chartered Accountants of India on Accounting for Fixed Assets, thereby specifying the valuation methodology to be applied under the notification.

Original value determination of plant and machinery clarified as per Accounting Standards for notification amendment.
The amendment clarifies that the original value of the investment in the plant and machinery installed in the factory of the independent textile processor shall be the original value as determined in accordance with the Accounting Standards issued by the Institute of Chartered Accountants of India on Accounting for Fixed Assets.

Special economic zone designation confirms Cochin SEZ boundaries, area and constituent survey numbers under central excise powers.
The central government, invoking the proviso to section 3(1) of the Central Excise Act, 1944, specifies Cochin Special Economic Zone as a special economic zone, superseding Notification No. 14/2001-CE(NT). The notification fixes the zone's location in Thrikkakara South, Ernakulam district, Kerala, records the area as 42.4504 hectares, lists all constituent survey numbers (including later additions), and describes the masonry compound wall, barbed wire fencing, perimeter measurements and external boundary roads.

Special Economic Zone designation: SEEPZ specified and bounded, superseding prior notification and defining territorial limits.
Government specifies the SEEPZ Special Economic Zone, Mumbai as a special economic zone under powers conferred by Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944, superseding Notification No.13/2001 except as to past actions; it defines SEEPZ as plot F.1 in the Marel Industrial Area within Parjapur and Vyaravli, taluka Andheri, in the registration sub-district and district of Mumbai and Mumbai suburban, measuring approximately 3,75,013 square meters and bounded north by road and Aarey Milk Colony land, south by road, east by pipeline and Aarey Milk Colony land, and west by road.

Special Economic Zone designation: Kandla SEZ defined by specific territorial boundaries and perimeter fencing, superseding prior notification.
The Central Government designates Kandla Special Economic Zone as a Special Economic Zone under the proviso to section 3(1) of the Central Excise Act, 1944, superseding Notification No. 12/2001-C.E. (N.T.) and excepting prior acts or omissions. The notification identifies specific survey numbers in Anjar taluka, Kutch, Gujarat, describes the zone's relation to the port of Kandla and aggregates its extents, and prescribes perimeter constructions including masonry walls and steel-bar mesh fencing that together define the SEZ's territorial boundaries.

Special Economic Zone designation: Surat SEZ specified with defined area, blocks, boundaries and superseding prior notification.
The Central Government specifies Surat Special Economic Zone at village Sachin, taluka Choryasi, district Surat (Gujarat) as a special economic zone, superseding the earlier notification dated 27 March 2001. The notification defines the SEZ's territorial extent as 4,98,997 square meters by enumerated block numbers, and sets its boundaries (Kakrapar Canal, Diamond Industrial Park, Surat-Bombay railway line), proximate transport links, and an enclosing 3.7 meter boundary wall with Y shape barbed wire fence.

MRP based assessment updated to specify a set rate for insulated ware under central excise notification amendment.
The Central Government, invoking powers under sub section (1) and sub section (2) of section 4A of the Central Excise Act, 1944, amends Notification No. 5/2001 Central Excise (N.T.) by substituting the entry in column (4) against serial No. 44 in the Table with "45%", thereby specifying the percentage to be applied for MRP based assessment of insulated ware by Notification No. 60/2001 C.E. (N.T.), dated 13 9 2001.

Account of removals: prescribed AC-1 form records transfers from FTZ/EOU/SEZ to domestic tariff area, detailing quantities and duty.
Prescribes the AC-1 form as the mandatory register for accounting removals from FTZ, EOU and SEZ to the Domestic Tariff Area, requiring recording of Commissionerate, Division, Range, unit details, date, description, opening balance, quantity manufactured, totals, quantities cleared, invoice number and date, closing balance, duty paid, remarks, and separate columns for transfers to the Domestic Tariff Area and for export.

CENVAT credit entitlement expanded: inputs and capital goods from specified zones treated as fully creditable despite exemption notifications.
The amendment to rule 10 of the CENVAT Credit Rules, 2001 provides that where a manufacturer has cleared inputs or capital goods in terms of specified Central Excise notifications for the North East region and Kutch district, the CENVAT credit on such inputs or capital goods shall be admissible as if no portion of the duty paid on them was exempted under those notifications.

Exemption conflict rule: prior notifications inapplicable where a manufacturer availed exemption under Notification 39 in same year.
The notification amends Notifications 8/2001-CE, 9/2001-CE and 24/2001-CE by inserting a proviso that those notifications shall not apply to a manufacturer who has availed the exemption under Notification No. 39/2001-Central Excise dated 31st July, 2001 in the same financial year.

Excise exemption for Kutch manufacturing units allows duty relief tied to value addition, subject to certification and procedural safeguards.
Exemption provides an excise-duty holiday for goods cleared from new manufacturing units in Kutch district, substituting duty payment with refund or account credit equivalent to duty attributable to value addition as determined by specified presumptive rates in the Table or by a Commissioner-fixed special rate. Relief is subject to certification of new unit status and original investment, utilization of CENVAT credit prior to exemption where applicable, monthly statements, verification, and recovery with interest if investment declarations are inaccurate; the exemption is time limited and excludes listed goods.

Corrigendum removing phrase alters exemption form: deletion of 'without the aid of power or steam' modifies eligibility.
Corrigendum directs deletion of the phrase "without the aid of power or steam" wherever it occurs in the first paragraph of Form ASP II of Notification No. 34/2001-CE, thereby altering the operative wording that qualified eligibility under the miscellaneous exemptions in the Central Excise tariff notification.

Amendment to Central Excise notification adds specified Arunachal Pradesh industrial estates and development centres to the Annexure.
Amendment to the Central Excise notification uses powers under the Central Excise Act and related statutes to insert a new Annexure heading for Arunachal Pradesh, listing specified sites as Industrial Estates, Industrial Growth Centres, Integrated Infrastructure Development Centres, and Industrial Areas. Each entry identifies named localities by district, supplies precise boundary descriptors and area measurements, and thereby includes those geographically delimited parcels within the operative schedule of Notification No. 32/99-Central Excise.

Extension of exemption period: notification's operative expiry date extended to preserve existing Central Excise relief.
An amendment substitutes the previously specified expiry date in para 2 of Notification No. 43/2000 Central Excise with a later expiry, issued under the powers under the Central Excise Act to extend the operative duration of the original notification and thereby continue its miscellaneous exemptions for the extended period.

MRP based valuation for low priced timepieces establishes excise duty treatment where exemptions are not claimed.
Amendment adds two tariff entries prescribing MRP based valuation and specified excise duty rates for watches and clocks of retail sale price not exceeding Rs. 500 per piece, applicable where duty is paid under the First Schedule to the Central Excise Tariff Act and the manufacturer does not avail notification based exemptions; the entries modify the Table of Notification No. 5/2001 Central Excise (N.T.).

Excise duty exemption extended to United Nations World Food Programme by amendment inserting it into the notification annexure.
The amendment inserts the United Nations World Food Programme into the ANNEXURE of the principal Central Excise notification, extending the notification's operative benefit to that organisation under powers conferred by the Central Excise Act and the Additional Duties of Excise Act as exercised in the public interest.

General Bond (Surety/Security) notified for provisional assessment under Rule 7, prescribing Form B-2 for compliance.
Notification prescribes the Form B-2 General Bond (Surety/Security) as the bond instrument for provisional assessment of goods to excise duty under Rule 7 of the Central Excise (No.2) Rules, 2001, and notifies the proper form for use where provisional assessment is undertaken to secure payment pending final assessment.

Deemed Cenvat credit fixed per square meter for textile inputs, usable only against corresponding excise liabilities, non-refundable.
Declaration establishes a deemed duty per square meter on specified processed textile inputs and allows credit of that deemed duty to manufacturers of Chapter 59 final products. The credit is usable solely against corresponding excise or additional excise liabilities, is non-refundable, and is available only where inputs are received directly from the input manufacturer under an invoice declaring excise paid in compliance with rule 15.