[TO BE PUBLISHED IN GAZETTE OF INDIA, EXTRAORDINARY, PART - II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
Notification
No. 40/2016 Central Excise (N.T.)
New Delhi, the 26
th
July, 2016
G.S.R (E)- In exercise of the powers conferred by sub-rule (2) of rule 9 of
the Central Excise Rules, 2002, the Central Board of Excise and Customs, being satisfied that
it is necessary in the public interest so to do, hereby makes the following further amendments
in the notification number 36/2001-Central Excise (N.T.), dated the 26th June, 2001, in the
Ministry of Finance, Department of Revenue, 2001, published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide number GSR 465 (E), dated the 26th
June, 2001, namely,-
In the said notification, in the paragraph (3), for Explanation, the following shall be
substituted, namely:-
“Explanation. - For the purpose of this notification, the expression “specified limit” shall
mean,-
(a) in respect of goods falling under heading 7113 of the First Schedule to the Central
Excise Tariff Act, 1985 (5 of 1986), full exemption limit;
(b) for goods, other than (a) above, full exemption limit minus sixty lakh rupees.”.
[F. No. 354/25/2016 –TRU (Pt.-I)]
(Anurag Sehgal)
Under Secretary to the Government of India
Note: The principal notification No. 36/2001 - Central Excise (N.T.), dated the 26th June,
2001 was published in the Gazette of India, vide number G.S.R. 465 (E), dated the 26th June,
2001 and was last amended, vide notification No. 19/2016-Central Excise (N.T.), dated the
1st March, 2016 published in the Gazette of India, vide number G.S.R. 250(E), dated the 1st
March, 2016.