Excise duty rates for textile fibres and yarns set with specified effective basic duties and targeted exemptions for handloom supplies. Exempts, under section 5A(1) of the Central Excises and Salt Act, 1944, goods within Chapters 51-55 from that part of excise duty exceeding amounts calculated at rates specified in the notification's Table. The Table prescribes nil effective rates for many handloom related and power free manufactures, fixed per kilogram rates for defined filament and staple fibres and yarns, slabbed count based formulas for certain yarns, and concessions contingent on purchase/payment by registered handloom cooperatives or government approved handloom organisations.
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Provisions expressly mentioned in the judgment/order text.
Excise duty rates for textile fibres and yarns set with specified effective basic duties and targeted exemptions for handloom supplies.
Exempts, under section 5A(1) of the Central Excises and Salt Act, 1944, goods within Chapters 51-55 from that part of excise duty exceeding amounts calculated at rates specified in the notification's Table. The Table prescribes nil effective rates for many handloom related and power free manufactures, fixed per kilogram rates for defined filament and staple fibres and yarns, slabbed count based formulas for certain yarns, and concessions contingent on purchase/payment by registered handloom cooperatives or government approved handloom organisations.
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