TaxTMI 
TaxTMI 
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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.... Tariff Act, 1985 (This Notification has been superseded vide Notification No. 06/2004-CE, Dt. 19/01/2004) NOTIFICATION NO. 35/2003-CE DATED 30/04/2003 G.S.R. (E).- In exercise of the powers conferred by sub-section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 Importance) Act, 1957 (58....
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....ication 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 or more factories, the exemptio....
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....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 value of clearances for home consumptio....
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....g 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 Schedule to the said Additional Duties of Excise (Goods ....