Levy of Additional Excise Duty on EOU-produced yarns clarified to apply on domestic clearances alongside basic excise. AED under the Textile and Textile Articles Act applies to yarns manufactured by a 100% export oriented unit and cleared into the domestic tariff area from indigenous raw materials; such DTA clearances attract both basic central excise duty and Additional Excise Duty by virtue of the proviso to Section 3(1) and the amendment expanding excise liability to duties leviable under other laws, aligning EOU liability with domestic manufacturers and permitting recovery where AED has not been collected.
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Levy of Additional Excise Duty on EOU-produced yarns clarified to apply on domestic clearances alongside basic excise.
AED under the Textile and Textile Articles Act applies to yarns manufactured by a 100% export oriented unit and cleared into the domestic tariff area from indigenous raw materials; such DTA clearances attract both basic central excise duty and Additional Excise Duty by virtue of the proviso to Section 3(1) and the amendment expanding excise liability to duties leviable under other laws, aligning EOU liability with domestic manufacturers and permitting recovery where AED has not been collected.
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