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of <h1>Tribunal Upholds Duty Deferment Orders on Yarn for Weaving</h1> <h3>COMMISSIONER OF C. EX., MUMBAI-I Versus STANDARD INDUSTRIES LTD.</h3> The Tribunal dismissed the appeals, upholding the Commissioner (Appeals) orders regarding duty deferment on yarn used for fabric weaving. It emphasized ... Yarn - Synthetic or blended yarn - Dutiability of Issues: Interpretation of budgetary changes regarding duty deferment and reliance on Chief Commissioner's conference minutes for duty payment timing on yarn used for fabric weaving.Interpretation of Budgetary Changes:The case involved the interpretation of budgetary changes regarding duty deferment on yarn used for fabric weaving. The Commissioner (Appeals) found no contravention as duty was discharged at the spindle stage until a certain date, and the difficulty in allocating yarn for exempted fabric was recognized. The Central Board of Excise and Customs (CBEC) informed that yarn from Composite Mills would be subject to duty upon fabric clearance, as per Trade Notice 40/96. The Revenue, however, contested this citing the 1996-97 Budget changes allowing duty deferment till the fabric stage for synthetic or blended yarn. The Chief Commissioner's conference minutes also highlighted duty payment requirements for such yarn.Reliance on Chief Commissioner's Conference Minutes:The Tribunal noted that the Chief Commissioner's conference minutes were not circulated through a Trade Notice, and Trade Notice 40/96 was not withdrawn or amended. As these minutes were not made public for trade benefit, the Tribunal held that the findings of the Commissioner (Appeals) could not be overturned based on uncirculated conference minutes. Consequently, the appeals lacking valid grounds were rejected, upholding the orders of the Commissioner (Appeals).In conclusion, the Tribunal dismissed the appeals, emphasizing the importance of circulated notifications for legal interpretation and upholding the duty deferment provisions as per the budgetary changes and Trade Notices.
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