TaxTMI 
TaxTMI 
Exempts first clearances for home consumption
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....conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts first clearances for home consumption, upto an aggregate value not exceeding ^1[thirty lakh rupees] made on or after the 1st day of April in any financial year, of readymade garments and clothing accesso....
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....specified goods from one or more factories, the exemption in his case shall apply to the said aggregate value of clearances for home consumption and not separately for each factory; (ii) where the specified goods are cleared by one or more manufacturers from a factory, the exemption shall apply to the said aggregate value of clearances for home consumption and not separately for each manufactur....
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....ggregate value of clearances for home consumption of specified goods during the period beginning from the 30th day of April, 2003 exceeds ^1[forty lakh rupees], the said manufacturer shall pay the amount of duty as payable, on the said first clearances of the specified goods of ^1[thirty lakh rupees], but for the exemption contained in this notification, within thirty days of the day when such cle....
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.... indicating, or so as to indicate a connection in the course of trade between such specified goods and some person using such name or mark with or without any indication of the identity of that person; (B) "value" means the value as determined in accordance with the provisions of section 4 of the said Central Excise Act or the tariff value fixed under section 3 of that Act; (C) "normal rate ....