Seeks to amend notification No. 12/2012-Central Excise dated 17.03.2012

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....l Excise New Delhi, the 3rd February, 2014 G.S.R. 75(E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Dep....

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....teel. Explanation.- For the purposes of this exemption, the value of the goods shall be the value of goods excluding the value of rails. 12% 49"; (B)   in the ANNEXURE, after the condition number 48 and the entries relating thereto, the following shall be inserted, namely:- "49 If manufactured out of rails on which duty of excise has been paid and no credit of duty paid....