detailed clarification on excise tariff notification no.34/2015, 35/2015,&36/2015, dated:17/07/2015

[manan pandya]

dear experts,

can any one pls explain the clarification in detailed ..?

regards,

Manan Pandya

AI Summary

Excise Tariff Updates: Clarifications on Duty Exemptions, CENVAT Credit, and Silk Yarn Import Duties under 'Make in India.' A discussion on excise tariff notifications 34/2015, 35/2015, and 36/2015 involves clarifications on excise duty exemptions and their implications. The notifications amend earlier provisions, impacting textile goods and raw materials, particularly regarding CENVAT credit. A footwear manufacturer inquires about the impact on their business, learning that there are no changes affecting them. Another query addresses import duties on silk yarn, highlighting a disadvantage for importers compared to domestic manufacturers due to the 'Make in India' initiative. The discussion emphasizes the need for further clarification from the Central Board of Excise and Customs on specific duty terms.