Govt. allows manufacturer of Petroleum/Crude with Centralised billing/accounting one excise registration
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 02/2021-Central Excise (N.T.)
New Delhi, the 10th November, 2021
G.S.R. 787(E).––In exercise of the powers conferred by sub-rule (2) of rule 9 of the Central Excise Rules, 2017, the Central Board of Indirect Taxes and Customs hereby exempts from the operation of said rule, every manufacturing unit engaged in the manufacture or production of Petroleum Crude, falling under tariff heading 2709 00 10 of the Fourth Schedule to the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the specified goods), where the manufacturer of such goods has a centralised billing or accounting system in respect of specified goods manufactured or produced by different units or premises and opts for registering only the unit or premises or office, from where such centralised billing or accounting is done.
Provided that prior intimation shall be given before starting commercial production at any additional premises subsequent to obtaining such registration.
[F. No. 116/40/20-CX-3]
VARUN KUMAR SINGH, Under Secy.
Download Notification Click Here >>
- AO not justified in rejecting registered valuer’s report without reference to DVO – ITAT
- FCRA specifies list of 105 purposes to be selected for which registration is applied
- Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company
- Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court
- High Court explains the meaning of term ‘enterprise’ appearing in section 80IA
