Excise exemption for specified cotton fabrics limits duty to prescribed rates, distinguishing khadi, poly vastra and handloom processing. The notification exempts goods under Chapter 52 from excise duty to the extent that duty exceeds the rates specified in the Table, prescribing Nil rates for certain items (absorbent-lint input, certified Khadi, certified Poly Vastra, fabrics processed without power/steam) and graded ad valorem rates for fabrics processed with power or steam based on handloom origin, presence of polyester, processor type and value per square metre; it includes an explanation treating steam colour fixation as without steam and defining 'independent processor.'
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 specified cotton fabrics limits duty to prescribed rates, distinguishing khadi, poly vastra and handloom processing.
The notification exempts goods under Chapter 52 from excise duty to the extent that duty exceeds the rates specified in the Table, prescribing Nil rates for certain items (absorbent-lint input, certified Khadi, certified Poly Vastra, fabrics processed without power/steam) and graded ad valorem rates for fabrics processed with power or steam based on handloom origin, presence of polyester, processor type and value per square metre; it includes an explanation treating steam colour fixation as without steam and defining "independent processor."
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 
