Excise exemption for jute yarn when supplied to specified khadi and handloom bodies, subject to cheque payment and certification. Exemption from excise duty for jute yarn under sub-heading 5302.20 is allowed where yarn is purchased by specified khadi or handloom bodies and paid for by cheque on the purchaser's own account; manufacturers must, within a period fixed by the Assistant Collector, produce certificates proving the yarn was not used to manufacture jute hessian for sacks, certified by the relevant State textiles authority or by the Textile Commissioner or an appropriate Ministry of Textiles officer.
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 jute yarn when supplied to specified khadi and handloom bodies, subject to cheque payment and certification.
Exemption from excise duty for jute yarn under sub-heading 5302.20 is allowed where yarn is purchased by specified khadi or handloom bodies and paid for by cheque on the purchaser's own account; manufacturers must, within a period fixed by the Assistant Collector, produce certificates proving the yarn was not used to manufacture jute hessian for sacks, certified by the relevant State textiles authority or by the Textile Commissioner or an appropriate Ministry of Textiles officer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
