Seeks to further amend Notification No.42/2001-Central Excise(N.T.) dated 26.06.2001

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....n exercise of the powers conferred by rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following amendments further to the notification of the Government of India, Ministry of Finance, (Department of Revenue) Number 42/2001-Central Excise (N.T.), dated 26th June, 2001, published in the Gazette of India Extraordinary in Part II, Section 3, sub-sect....

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.... of goods where necessary at the place of removal or despatch and at the port of export or SEZ, where the goods are received; (ii)     no remission of duty shall be allowed for loss of goods within transit; (iii)     permission shall be given on case to case basis for a specified period not exceeding one year at a time and may be withdrawn ....