Amendments in the NOTIFICATION NO. 22/2003-CE, Dt. 31/03/2003 (EOUs/EHTP/STP Units – Permission to Debond the Goods and Clearance

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.... DATED 26/02/2004 In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), and sub-section (3) of section 3 of the Additional Duties of Excise (Textile and Textile Articles) Act,1978 (40 of 1978), the Central Gover....

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....duty leviable on such goods on the depreciated value thereof and at the rate in force on the date of payment of such duty. The depreciation shall be allowed at the rate of twenty per.cent per annum of the original value in respect of computer or computer peripherals items and ten per.cent per annum in case of other capital goods;" (c) in clause (ii), for the words "such clearance", the words " su....