Excise exemption for prison woven fabrics conditioned on certified weaving, independent processing, and return confirmation within permitted period. Exemption from excise duty is provided for cotton and man made fabrics under Chapters 52, 54 and 55 when woven in a prison and subjected to further processing by an independent processor. The exemption is contingent on a certificate from the Inspector General of Prisons or an authorised officer confirming prison weaving and forwarding for processing, maintenance of a separate account by the independent processor, and production of evidence to the Assistant Collector of Central Excise that the processed fabrics have been returned to the originating prison within the prescribed or extended period.
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 prison woven fabrics conditioned on certified weaving, independent processing, and return confirmation within permitted period.
Exemption from excise duty is provided for cotton and man made fabrics under Chapters 52, 54 and 55 when woven in a prison and subjected to further processing by an independent processor. The exemption is contingent on a certificate from the Inspector General of Prisons or an authorised officer confirming prison weaving and forwarding for processing, maintenance of a separate account by the independent processor, and production of evidence to the Assistant Collector of Central Excise that the processed fabrics have been returned to the originating prison within the prescribed or extended period.
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 
