Captive-use excise exemption for sisal and manila yarn grants full relief if consumed in producing factory; external use requires procedure. Full exemption from excise duty is granted for sisal and manila twist, yarn, thread, ropes and twine when consumed within the factory in which produced for manufacture of sisal and manila manufactures; consumption outside the producing factory makes the exemption allowable only upon compliance with the prescribed procedural requirements.
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.
Captive-use excise exemption for sisal and manila yarn grants full relief if consumed in producing factory; external use requires procedure.
Full exemption from excise duty is granted for sisal and manila twist, yarn, thread, ropes and twine when consumed within the factory in which produced for manufacture of sisal and manila manufactures; consumption outside the producing factory makes the exemption allowable only upon compliance with the prescribed procedural requirements.
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