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of <h1>Exemption for Textured Synthetic Filament Yarn Under Heading 54.03; Conditions Apply, Effective Until April 30, 1994.</h1> The Central Government has issued an exemption for textured synthetic filament yarn (excluding polyester) under heading 54.03 of the Central Excise Tariff Act, 1985. This exemption applies to yarn manufactured from duty-paid synthetic filament yarn (excluding polyester) under heading 54.02. The exemption is equivalent to the excise or customs duty already paid on the filament yarn. Conditions include that no credit of duty paid has been taken under rule 56A and that the yarn was either manufactured or imported before March 1, 1994. This notification is effective until April 30, 1994.
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