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Exemptions restore on textile article under notification no.30/2004-C.E. and notification No.01/2011-C.E. - CBEC has issued circular No.1005.

PAWAN KUMAR
CBEC Restores Excise Duty Exemptions for Textile Manufacturers with July 2015 Notifications and Circulars The Central Board of Excise and Customs (CBEC) initially imposed excise duties on textile articles through notifications in 2004 and 2011, with recent amendments in July 2015. However, CBEC restored exemptions through new notifications and a circular issued on July 21, 2015. These changes clarify that domestically manufactured goods under specified tariff headings remain exempt from excise duty or are subject to concessional rates, as they were before July 17, 2015. This move alleviates issues faced by textile manufacturers, allowing them to use duty-free inputs and claim excise duty exemptions on final products. (AI Summary)

The CBEC was imposed the duty on textile article under Notification No.30/2004-C.E. dated 09.07.2004 and on other article under Notification No.01/2011-C.E. dated 01.03.2011 by notification no.34/2015-C.E. and 35/2015-C.E. both dated 17.07.2015 substituting proviso in that original notifications.

Now the CBEC has restore exemption by issuing notification no.37/2015-C.E., 38/2015-C.E. both dated 21.07.2015 clarifying includes of nil duty in appropriate duty. In this regard, CBEC has also issued circular no.1005 dated 21.07.2015. Para 7 of the said circular is reproduced below:

7. It may, therefore, be noted that the domestically manufactured goods covered under these notifications/entries continue to be exempt from excise duty or subject to concessional rate of excise duty, as the case may be, as they were prior to 17th July, 2015.

This is a major relaxation for the textile industry.

Central Excise
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