Circular No 513/9//2000-CX — THE CENTRAL EXCISE ACT, 1944

Circular No 513/9//2000-CX FNO.216/01/2000 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, the 11 th , February2o00 Subject: Budget precautions- instructions lt is directed to say that the Annual Budget of the Central Government for the Financial Year 2000-2001 is likely to be presented to Parliament on the 29 thFebruary, 2000. The exact time of presentation of Budget is yet / to be decided by the Government: The present time specified in rule 1OOG and rule 224 of the Central Excise Rules, 1944 is 11.00 A.M # there is change in time, the rule will be amended and time will be notified: In the meanwhile, to facilitate the field formations and the trade to line up their plans for clearances after 6.00 P.M. on the pre-Budget Day and Budget Day; these instructions are being issued_ For the purpose of these instructions, the expression "appointed time" shall mean the time appointed for presentation of Annual Budget in the House of People. The "appointed time' for the Budget 2000-2001 will be communicated subsequently: 2_ The procedural restrictions envisaged in sub-rule (2) and 2 (A) of rule 224,read with sub-rule (2) of rule 173G of the Central Excise Rules, 1944, regarding removal of excisable goods after 6 P.M: on the day preceding the Budget Day; should be strictly enforced on all the assessees, including those working under Self Removal Procedure #tis reiterated that the schemes of Record Based Control and Production Based Control are essential components of Self Removal Procedure (SRP): Therefore, instructions contained in Chapter 7 of the Self Removal Procedure Handbook (Corrected) should be scrupulously followed, mutatis mutandis. Assessees should be made aware of the fact that after 6 PM. on the day preceding