Effective excise duty rates set for man-made filaments and fibres, prescribing specified ad valorem and nil rates with conditional exemptions. The notification exempts goods in Chapters 54 and 55 from excise duty in excess of amounts calculated at the rates specified in the annexed Table, thereby prescribing effective ad valorem or nil rates for specified nylon, polyester, polypropylene, spandex, viscose, other synthetic and artificial filament and monofilament yarns, polyester tow, wastes and woven fabrics. It distinguishes textured versus non-textured forms, denier and tenacity thresholds, and end-uses; contains conditions linked to Modvat credit and purchases by registered handloom/cooperative corporations; and sets unit or ad valorem duties for waste streams.
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.
Effective excise duty rates set for man-made filaments and fibres, prescribing specified ad valorem and nil rates with conditional exemptions.
The notification exempts goods in Chapters 54 and 55 from excise duty in excess of amounts calculated at the rates specified in the annexed Table, thereby prescribing effective ad valorem or nil rates for specified nylon, polyester, polypropylene, spandex, viscose, other synthetic and artificial filament and monofilament yarns, polyester tow, wastes and woven fabrics. It distinguishes textured versus non-textured forms, denier and tenacity thresholds, and end-uses; contains conditions linked to Modvat credit and purchases by registered handloom/cooperative corporations; and sets unit or ad valorem duties for waste streams.
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