Excise exemption for twisted filament yarns clarified; tariff rates differentiated between draw-twisted and other polyester yarns. Notification 77/95 amends prior exemption to fully exempt twisted polyester and twisted nylon filament yarn manufactured from textured or draw-twisted yarn provided appropriate excise or additional customs duty was already paid on the textured or draw-twisted yarn. Notification 78/95 specifies that the tariff value of 98 per kg applies to draw-twisted polyester filament yarn, whereas a tariff value of 90 per kg applies to polyester filament yarn other than draw-twisted or textured.
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.
Excise exemption for twisted filament yarns clarified; tariff rates differentiated between draw-twisted and other polyester yarns.
Notification 77/95 amends prior exemption to fully exempt twisted polyester and twisted nylon filament yarn manufactured from textured or draw-twisted yarn provided appropriate excise or additional customs duty was already paid on the textured or draw-twisted yarn. Notification 78/95 specifies that the tariff value of 98 per kg applies to draw-twisted polyester filament yarn, whereas a tariff value of 90 per kg applies to polyester filament yarn other than draw-twisted or textured.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
