Protective show cause notices: pending duty cases on cotton yarn cops/cones for hank conversion must be expedited. The Board directed issuance of protective show cause notices for duty on cotton yarn on cops/cones consumed captively or sent out for conversion into Hank yarn, observing that charging duty on the intermediate product would negate the exemption for plain reeled Hanks used by the Handloom Sector; following acceptance by the Auditor General and settlement of objections, pending call book cases are to be taken out and decided expeditiously with field formations informed.
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Protective show cause notices: pending duty cases on cotton yarn cops/cones for hank conversion must be expedited.
The Board directed issuance of protective show cause notices for duty on cotton yarn on cops/cones consumed captively or sent out for conversion into Hank yarn, observing that charging duty on the intermediate product would negate the exemption for plain reeled Hanks used by the Handloom Sector; following acceptance by the Auditor General and settlement of objections, pending call book cases are to be taken out and decided expeditiously with field formations informed.
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