Section 133 of the Finance Act, 2002 (Act 20 of 2002)
133. Amendment of Section 3. - In section 3 of the Central
Excise Act, in sub-section (1),
in clauses (a) and (b), after the words “excisable goods” (i) wherever they
occur, the brackets and words “(excluding goods produced or manufactured in
special economic zones)” shall, with effect from such date as may be appointed
by the Central Government, by notification in the Official Gazette, be inserted;
in the proviso, — (ii)
in clause (i), the words “or a special economic zone” shall, (a) with effect
from such date as may be appointed by the Central Government, by notification in
the Official Gazette, be omitted;
(b) in Explanation 2, for clause (i), the following clause shall be substituted,
namely :–
“free t