This notification omits Rule 223B and simplifies Budget day procedures

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....) Rules, 2001. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Central Excise Rules, 1944 (hereinafter referred to as said Rules), in rule 2, after clause (1), the following clauses shall be inserted, namely: - '(1a) "appointed date" means the date appointed for presentation of the Annual or any Supplementary Budget of the Central Government to Parliament or for the introduction in the House of People of any Finance Bill or any Bill for imposition or increase of any duty, as the case may be." (1b) "appointed time" means the time appointed for presentation of the Annual or any Supplementary Budget of the Central Government to Parliament or for the introduction in the House of Peo....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....m the date immediately following the appointed date and to comply with such conditions as the Commissioner may specify and thereupon the Commissioner may, if he considers it necessary or expedient in the public interest so to do, permit the removal of such goods. Explanation. - For the purposes of this rule, "goods" include goods which may come into existence at any time after the appointed time.". 4. In rule 100H of the said Rules, for the words, figures and letters "rules 223A, 223B, 224, 228 and 229", occurring at both sub-rules (1) and (2), the words, figures and letter "rules 223A, 224, 228 and 229" shall respectively be substituted. 5. For clause (iv) of sub-rule (2) of rule 173G of the said Rules, the following clause shall ....