Excise exemption for twisted filament yarns applies where upstream excise or additional duty has already been paid. The amendment inserts two conditional Nil duty entries for twisted polyester and twisted nylon filament yarns (excluding double or multifold, including cabled yarn and sewing thread) which apply only when such yarns are manufactured out of textured or draw twisted yarns falling within the schedule and on which the appropriate excise duty or, as applicable, the additional duty under the Customs Tariff Act has already been paid.
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 applies where upstream excise or additional duty has already been paid.
The amendment inserts two conditional Nil duty entries for twisted polyester and twisted nylon filament yarns (excluding double or multifold, including cabled yarn and sewing thread) which apply only when such yarns are manufactured out of textured or draw twisted yarns falling within the schedule and on which the appropriate excise duty or, as applicable, the additional duty under the Customs Tariff Act has already been paid.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
