Excise exemption for man-made fabrics: specified handloom and nonpowered processed items zero-rated, others subject to ad valorem duty. The Central Government exempts goods under Chapter 54 from that portion of excise duty which exceeds the amount calculated at the rate specified in the Table. The Table prescribes a nil rate for several categories of man-made filament fabrics-including those processed without power, woven on handlooms, or processed by factories owned by registered handloom co-operative societies or government-approved handloom organisations, and certain synthetic monofilament and narrow-strip fabrics-and a 10% ad valorem rate for other woven man-made filament fabrics whose value per square metre does not exceed the Table threshold.
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 man-made fabrics: specified handloom and nonpowered processed items zero-rated, others subject to ad valorem duty.
The Central Government exempts goods under Chapter 54 from that portion of excise duty which exceeds the amount calculated at the rate specified in the Table. The Table prescribes a nil rate for several categories of man-made filament fabrics-including those processed without power, woven on handlooms, or processed by factories owned by registered handloom co-operative societies or government-approved handloom organisations, and certain synthetic monofilament and narrow-strip fabrics-and a 10% ad valorem rate for other woven man-made filament fabrics whose value per square metre does not exceed the Table threshold.
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