Exempts first clearances for home consumption, falling under Chapter 51, 52, 54, 55, 58 or 60 of the First Schedule to the Central Excise Tariff Act, 1985

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....e Central Excise Tariff Act, 1985 (This Notification has been superseded vide Notification No. 06/2004-CE, Dt. 19/01/2004) NOTIFICATION NO. 35/2003-CE DATED 30/04/2003 G.S.R. (E).- In exercise of the powers conferred by sub-section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 I....

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....on contained in this notification shall apply to the first clearances for home consumption of the specified goods, upto an aggregate value not exceeding ^1[twenty five lakh rupees] made on or after the 30th day of April 2003. 2. The exemption contained in this notification shall apply subject to the following conditions, namely,- (i) where a manufacturer clears the specified goods from one o....

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.... factories, or from a factory by one or more manufacturers, does not exceed ^1[thirty five lakh rupees] during the period beginning from the 30th day of April, 2003: Provided further that in any financial year, if the aggregate value of clearances for home consumption of specified goods exceeds ^1[thirty five lakh rupees], or as the case may be, in the financial year 2003-2004, if the aggregate....

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....owed to avail the exemption during the remaining part of that financial year. Explanation.- For the purposes of this notification,- (A) "value" means the value as determined in accordance with the provisions of section 4 of the said Central Excise Act; (B) "normal rate of duty" means the duty of excise specified in the First Schedule to the said Central Excise Tariff Act and the First Sch....