Excise duty adjustment on polyester monofilament yarn reduces applicable rate for use in zip fastener manufacture. Amendment prescribes an excise duty of 20% on polyester monofilament yarn of 2000 denierage and above when used in the manufacture of zip fasteners, noting para 26.15 confirms the 20% rate; units that cleared such yarn at 30% between 16-3-1995 and 19-3-1995 are asked to submit details to the Tax Research Unit by 10th April, 1995.
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Excise duty adjustment on polyester monofilament yarn reduces applicable rate for use in zip fastener manufacture.
Amendment prescribes an excise duty of 20% on polyester monofilament yarn of 2000 denierage and above when used in the manufacture of zip fasteners, noting para 26.15 confirms the 20% rate; units that cleared such yarn at 30% between 16-3-1995 and 19-3-1995 are asked to submit details to the Tax Research Unit by 10th April, 1995.
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