Sikkim Celebration – Back in Action – Exemption revived
dated 3rd April, 2007 reported that the Sikkim exemption had expired on 31.03.2007 and Government had announced a North East Industrial and Investment Promotion Policy, 2007 under which the excise exemptions were to be continued. We had reported that the Revenue Ministry is yet to notify the exemptions. Finally they have done it. Now there is a general exemption for all the North Eastern States. The benefits of the notification are applicable from 1.4.2007 that is 27 days before the notification is issued.
The exemption is not available to
(i) Goods falling under Chapter 24;
(ii) Pan masala falling under Chapter 21;
(iii) Plastic carry bags of less than 20 microns as specified by the Ministry of Environment;
(iv) Goods falling under Chapter 27 and which are produced by petroleum oil or gas refineries.
Further the exemption will not be available to such goods which have been subjected to only one or more of the following processes,
(i) preservation during storage,
(ii) cleaning operations,
(iii) packing or repacking of such goods in a unit container or labeling or re-labelling of containers,
(iv) sorting, declaration or alteration of retail sale price and have not been subjected to any other process or processes amounting to manufacturer
Notification No. Dated April 25, 2007