Excise exemption for textured artificial filament yarn from duty-paid non-textured inputs, subject to no credit and prior clearance. Textured artificial filament yarn under heading 54.05 is exempt to the extent of duty equivalent to the excise or additional customs duty already paid on non-textured input yarn under heading 54.04, provided no credit was taken under rule 56A and the textured yarn is manufactured from inputs cleared from factory or imported and cleared for home consumption before the specified cutoff; the exemption is of temporary duration.
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 textured artificial filament yarn from duty-paid non-textured inputs, subject to no credit and prior clearance.
Textured artificial filament yarn under heading 54.05 is exempt to the extent of duty equivalent to the excise or additional customs duty already paid on non-textured input yarn under heading 54.04, provided no credit was taken under rule 56A and the textured yarn is manufactured from inputs cleared from factory or imported and cleared for home consumption before the specified cutoff; the exemption is of temporary duration.
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