TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Textile Excise Duty Changes: Abatement for Closed Stenters, Rule 57AK Updates, and CENVAT Credit Clarifications Effective April 2000.</h1> Changes to the excise duty structure for the textiles sector have been implemented effective April 1, 2000. Independent textile processors can now receive abatement for closed stenters, sanctioned by the Joint Commissioner of Central Excise. The determination of annual production capacity is delegated to the Deputy/Assistant Commissioner. Deemed credit for duty on inputs is now governed by rule 57AK, and specific duty changes apply to texturised yarn. Independent texturisers are clarified to receive CENVAT credit for inputs used in manufacturing goods other than texturised yarn. Notifications and guidance for trade and associations are provided.
TaxTMI 
TaxTMI 
