Exercising option to avail of the exemption to specified goods cleared from factory located in Uttaranchal and Himachal Pradesh vide ntf. no. 49/2003-CE Dt. 10/06/2003 as amended and ntf. no. 50/2003-CE Dt. 10/06/2003 as amended

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.... the exemption to specified goods cleared from factory located in Uttaranchal and Himachal Pradesh vide ntf. no. 49/2003-CE Dt. 10/06/2003 as amended and ntf. no. 50/2003-CE Dt. 10/06/2003 as amended I am directed to say that clarification has been sought regarding the time limit for exercising the option in writing for availing of the exemption under notification no. 49/2003-CE dated 10.06.200....

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....ave commenced their commercial production on or after the 7th day of January, 2003. (b) Industrial units existing before the 7th day of January, 2003 but which have undertaken substantial expansion by way of increase in installed capacity by not less than 25%, on or after the 7th day of January, 2003. 3. The above mentioned notifications have been amended vide notification no. 76/2003-CE dat....

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..../2003-CE lays down that the manufacturer may, for the current financial year, submit his option in writing on or before the 30th day of November, 2003. The different scopes of the said two provisos are clarified below: (a) As the amending Notification No. 76/2003-CE was issued on the 5th November, 2003, a period upto 30th day of November 2003 is permitted for those eligible units which were alr....