Additional excise schedule entries expand taxable textile items to include metallised yarn and embroidered pieces under textile duties. The Fifth Schedule to the Finance Act, 1986 inserts two new entries into the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 ... Summary
Additional excise schedule entries expand taxable textile items to include metallised yarn and embroidered pieces under textile duties.
The Fifth Schedule to the Finance Act, 1986 inserts two new entries into the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 immediately after S. No. 8: metallised yarn, falling within heading No. 56.05, and embroidery in the piece, in strips or in motifs, falling within heading No. 58.05, thereby expressly including these textile goods in the statutory schedule for additional excise duties.
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