Exemption to specified goods of chapters 50 to 63 - Amendments in the Notification No.30/2004-Central Excise dated 09/07/2004 - Exemption will be allowed only if textile goods manufactured out of inputs on which appropriate duty of excise leviable has been paid and no cenvat credit avalied - 34/2015 - Central Excise - Tariff

India Amends Excise Notification: Textile Goods Exemptions Tied to Paid Duties and Unclaimed CENVAT Credits

The Government of India has amended Notification No. 30/2004-Central Excise, concerning exemptions for specified textile goods under chapters 50 to 63. The amendment stipulates that exemptions will only be granted if the textile goods are manufactured using inputs on which the appropriate excise duty has been paid, and no CENVAT credit has been claimed by the manufacturer. This change ensures compliance with excise duty regulations and aligns with the public interest, as outlined in the Central Excise Act, 1944, and the Additional Duties of Excise Act, 1957.