TaxTMI 
TaxTMI 
Seeks to suitably amend specified notifications relating to area based exemptions, so as to carry out Budgetary changes
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....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 of 1957) and sub-section (3) of section 3 of the Additional Duties of Excise (Textile and Textile Articles) Act, 1978, (40 of 1978), the Central Government, being satisfied that it ....
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....rial, which commences commercial production on or after 1st of March, 2016; (b) an existing industrial unit as on 1st of March, 2016, which undertakes substantial expansion of existing capacity or installs fresh plant, machinery or capital goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machinery or....
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....l goods for production of gold or silver from gold dore, silver dore or any other raw material, by using such expanded capacity or such fresh plant, machinery or capital goods, and commences commercial production from such expanded capacity or such fresh plant, machinery or capital goods, on or after 1st March, 2016.". 3. 20/2007-Central Excise, dated the 25th April, 2007. [G.S.R. 307 (E), dated....
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....uch fresh plant, machinery or capital goods, on or after 1st March, 2016.". 4. 01/2010-Central Excise, dated the 6th February, 2010. [G.S.R. 62 (E), dated the 6th February, 2010] In the said notification, after paragraph 10, the following paragraph shall be inserted, namely :- "11. The exemption contained in this notification shall not apply to: (a) a new industrial unit engaged in production....