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Core Purpose

Amendment under Section 5A of the Central Excise Act, 1944 read with Section 147 of the Finance Act, 2002 revising the tariff entry at serial number 1 of an existing Central Excise notification.

Detailed Summary

Issued by the Department of Revenue, Ministry of Finance (Notification No. 05/2024-Central Excise, G.S.R. 94(E), dated 2nd February 2024), this notification, in exercise of powers under Section 5A of the Central Excise Act, 1944 (1 of 1944) read with Section 147 of the Finance Act, 2002 (20 of 2002), further amends Notification No. 18/2022-Central Excise dated 19th July 2022 (G.S.R. 584(E)) by substituting the entry in column (4) against serial number 1 of the Table with 'Rs. 3200 per tonne'. The amendment takes effect from 3rd February 2024. The principal notification was last amended by Notification No. 03/2024-Central Excise dated 15th January 2024 (G.S.R. 42(E)). Filed under F. No. 354/15/2022-TRU and signed by Amreeta Titus, Deputy Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02022024-251743 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No.85] NEW DELHI, FRIDAY, FEBRUARY 2, 2024/MAGHA 13, 1945 722 GI/2024 (1) [F. No. 354/15/2022-TRU] MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 2nd February, 2024 No. 05/2024-Central Excise G.S.R. 94(E). In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read with section 147 of the Finance Act, 2002 (20 of 2002), 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 (Department of Revenue), No. 18/2022-Central Excise, dated the 19th July, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, namely:- In the said notification, in the Table, - (i) against S. No. 1, for the entry in column (4), the entry "Rs. 3200 per tonne" shall be substituted; 2. This notification shall come into force on the 3rd day of February, 2024. [F. No. 354/15/2022-TRU] Amreeta Titus, Dy. Secy. Note : The principal notification No. 18/2022-Central Excise, dated the 19th July, 2022 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 584 (E), dated the 19th July, 2022, and was last amended vide notification No. 03/2024-Central Excise, dated the 15th January, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 42 (E), dated the 15th January, 2024. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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