Exemption for open-air stentering: clarifies scope, computation of eligible job charges and definition of open air stenter. Woven cotton fabrics subjected to open-air stentering by a textile processor in a factory without powered/steam bleaching, dyeing or printing are exempt from excise up to the quantity for which aggregate job-charges do not exceed Rs. 15 lakhs per year. Where the processor stenters on his own behalf, job-charges are deemed to be the difference between stentered and grey fabric values. Costs of other exempted non-powered/non-steam processes are excluded from the ceiling computation. The definition of open-air stenter excludes steam or hot-air stenters and is a question of fact for the Commissioner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exemption for open-air stentering: clarifies scope, computation of eligible job charges and definition of open air stenter.
Woven cotton fabrics subjected to open-air stentering by a textile processor in a factory without powered/steam bleaching, dyeing or printing are exempt from excise up to the quantity for which aggregate job-charges do not exceed Rs. 15 lakhs per year. Where the processor stenters on his own behalf, job-charges are deemed to be the difference between stentered and grey fabric values. Costs of other exempted non-powered/non-steam processes are excluded from the ceiling computation. The definition of open-air stenter excludes steam or hot-air stenters and is a question of fact for the Commissioner.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
