Notification 34,35,36 dt 17.7.2015
Varun Jain
Dear sirI deal in recycled polyester fibre made from waste of plastic bottles and yarn made from them. Please guide me as to what is the affect of above mentioned notifications on my business.
Recycled polyester fiber business unaffected by Notifications 34, 35, 36; yarn qualifies for duty exemption under 34/2015-CE. A business owner dealing in recycled polyester fiber and yarn sought guidance on the impact of Notifications 34, 35, and 36 dated 17.07.2015 on their operations. A respondent clarified that there is no impact on the business because polyester fibers remain subject to duty, while yarn made from these fibers qualifies for duty exemption under Notification No. 34/2015-CE. (AI Summary)