Articles of jewellery exempts from whole of Excise Duty

Last updated: 09 May 2012

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

New Delhi, the 8th May, 2012

Notification No. 23 /2012-Central Excise

G. S. R. (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, being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (3) of the Table hereto annexed and falling within the Heading of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (hereinafter referred to as the Excise Tariff Act), as are given in the corresponding entry in column (2) of the said Table, from so much of the duty of excise leviable thereon under the said First Schedule, as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table, and subject to the relevant conditions, if any, specified in the corresponding entry in column (5) of the Table aforesaid:

Table

S.No.	Heading of the First schedule	Description of goods	Rate	Condition
(1)	(2)	(3)	(4)	(5)
1.	7113	Articles of jewellery	Nil	-
2.	8607	All goods	Nil	If,- (i) manufactured by a factory belonging to the Central Government; and (ii) the said goods are intended for use by any department of the Central Government