Export of material/equipment under bond, without payment of Central Excise duty, for Kholongchhu Hydro-Electric Project (KHEP) in Bhutan allowed

Seeks to amend Notification No. 45/2001 – CE (NT) dated 26th June, 2001, as amended, to allow export of material/equipment under bond, without payment of Central Excise duty, for Kholongchhu Hydro-Electric Project (KHEP) in Bhutan

Government of India

Ministry of Finance

(Department of Revenue)

Notification No. 3/2016-Central Excise (N.T.)

New Delhi the 3^rd February, 2016

G.S.R. (E).- In exercise of the powers conferred by sub-rules (1) and (3) of rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 45/2001-Central Excise (N.T.), dated the 26^th June, 2001 published in the Gazette of India, Extraordinary vide number G.S.R. 474(E), dated the 26^th June, 2001,namely:-

In the said notification, paragraph 1, in sub-paragraph (5),-

(i)  For the marginal heading, the following marginal heading shall be substituted, namely:-

“Export of all excisable goods without payment of duty to Kurichu Hydro Electric Project, Tala Hydro Electric Project, Punatsangchhu- I Hydro  Electric Project,  Punatsangchhu-II Hydro Electric Project,  Mangdechhu Hydro Electric Project and Kholongchhu Hydro Electric Project in Bhutan”;

(ii)  for the words “Kurichu Hydro Electric Project, Tala Hydro Electric Project, Punatsangchhu-I Hydro Electric Project, Punatsangchhu-II Hydro Electric Project and Mangdechhu Hydro Electric Project ” the words “Kurichu Hydro Electric Project, Tala Hydro Electric Project, Punatsangechhu-I Hydro Electric Project, Punatsangchhu-II Hydro-Electric Project, Mangdechhu Hydro-Electric Project and Kholongchhu Hydro Electric Project” shall be substituted.

[F.No.116/31/2015-CX.3]

(Shankar Prasad Sarma)

Under Secretary to the Government of India 

Note:– The principal notification No. 45/2001-Central Excise (N.T.), dated the 26th June, 2001 was published vide G.S.R. 474(E), dated the 26th June, 2001 and was last amended vide notification No. 08/2008-Central Excise (N.T.) dated 11th February, 2008 G.S.R. 81(E), dated the 11th February, 2008.