NTF. NO. 23/2007-CE, DT. 03/05/2007

12% ad valorem rate introduced on cement with MRP of Rs 190 per bag

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, 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. 4/2006-Central Excise, dated the 1st March, 2006 which was published in the Gazette of India, Extraordinary, vide number G.S.R. 94(E), dated the 1st March, 2006, namely:-

In the said notification, in the Table,-

(i) for S.No.1A and the entries relating thereto, the following S.No. and entries shall be substituted, namely:-

(1)	(2)	(3)	(4)	(5)
“1A	252329	All goods, whether or not manufactured in a mini cement plant, not covered in S.No.1 and cleared in packaged form-
		(i) of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne equivalent retail sale price not exceeding Rs.3800;	Rs. 350 per tonne	-
		(ii) of retail sale price exceeding Rs.190 per 50 kg bag but not exceeding Rs. 250 per 50 kg bag or of per tonne equivalent retail sale price exceeding Rs.3800 but not exceeding Rs.5000;	12% of retail sale price	-”;

(ii) against S.No.87, for the entry in column (3), the entry “All goods” shall be substituted.

F.No. [B-1/10/2007-TRU]

(S.Bajaj)
Under Secretary to the Government of India

Note:- The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R.94(E), dated the 1st March, 2006, and was last amended by notification No. 4/2007-Central Excise, dated the 1st March, 2007 and published vide number G.S.R.133(E), dated the 1st March, 2007.

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