Excise exemption for polyester staple fibre and tow permits capped duty where manufactured from licensed imported feedstock. The notification exempts polyester staple fibre and tow, including tops, from excise duty to the extent the duty exceeds the amount calculated at the prescribed per kilogram rate, provided such goods are manufactured from dimethyl terephthalate or terephthalic acid imported under an Advance Licence issued under the Imports (Control) Order, 1955.
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 polyester staple fibre and tow permits capped duty where manufactured from licensed imported feedstock.
The notification exempts polyester staple fibre and tow, including tops, from excise duty to the extent the duty exceeds the amount calculated at the prescribed per kilogram rate, provided such goods are manufactured from dimethyl terephthalate or terephthalic acid imported under an Advance Licence issued under the Imports (Control) Order, 1955.
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