Zero Excise Duty on Colour Nagative Cine Films in Rolls and Silicon Wafers

[Ref: Central Excise Notification No. 24 dated 24th March 2011]

The excise duty exemption on silicon wafers has also been restored. Other forms of silicon would continue to attract excise duty of 1% ad valorem

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 G.S.R. 94 (E) dated the 1st March, 2006, namely: -

In the said notification, in the Table,-

(i) for S.No.73A and the entries relating thereto, the following S.No. and entries shall be substituted, namely:-

(1)	(2)	(3)	(4)	(5)
“73A	37	Colour positive unexposed cinematographic film in jumbo rolls and colour negative unexposed cinematographic film in rolls of 400 feet and 1000 feet	Nil	-

(ii) after S.No.74 and the entries relating thereto, the following S. No. and entries shall be inserted, namely:-

(1)	(2)	(3)	(4)	(5)
“74A	3818	Silicon	Wafers	Nil	-

[F. No. B-1/3/2011 –TRU]