Point of Sale (POS) devices exempted from central excise duty till 31st March 2017

By | November 29, 2016
(Last Updated On: November 29, 2016)

Seeks to exempt Point of Sale (POS) devices and goods required for its manufacature from central excise duty till 31st March, 2017

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)

Notification No. 35/2016 – Central Excise

New Delhi, the 28th November, 2016

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 makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.163(E), dated the 17th March, 2012, namely: –

In the said notification, –

(A) in the opening paragraph, after the seventh proviso, the following proviso shall be inserted, namely:-

“ Provided also that nothing contained in this notification shall apply to goods specified against serial number 256 A and 256 B of the said Table after the 31st day of March, 2017;” ;

(B) in the Table, after serial number 256 and the entries relating thereto, the following serial number and entries shall be inserted, namely:-

(1)(2)(3)(4)(5)
256A8470Point of Sale (POS) DevicesNil
256BAny ChapterAll goods for manufacture of Point of Sale (POS) DevicesNil2

 

[F. No. 354/213/2016-TRU]

(Anurag Sehgal)

Under Secretary to the Government of India

Note.- The principal notification No. 12/2012-Central Excise, dated the 17th March, 2012 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 163(E), dated the 17th March, 2012 and last amended vide notification No.34/2016-Central Excise, dated the 8 th September, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.874(E), dated the 8 th September, 2016.

Leave a Reply

Your email address will not be published. Required fields are marked *