Exemption for mother yarn captively used in split yarn manufacture preserves duty relief but excludes prior split-yarn exemption. Mother yarn under headings 54.02 or 54.04 used captively in the factory to manufacture split yarn under the same headings is exempted from the whole excise duty leviable thereon under the Central Excise Tariff Act, 1985 by notification issued under rule 8(1) of the Central Excise Rules, 1944; the notification does not apply to manufacturers who avail themselves of the separate exemption for split yarn under the earlier Department of Revenue notification.
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.
Exemption for mother yarn captively used in split yarn manufacture preserves duty relief but excludes prior split-yarn exemption.
Mother yarn under headings 54.02 or 54.04 used captively in the factory to manufacture split yarn under the same headings is exempted from the whole excise duty leviable thereon under the Central Excise Tariff Act, 1985 by notification issued under rule 8(1) of the Central Excise Rules, 1944; the notification does not apply to manufacturers who avail themselves of the separate exemption for split yarn under the earlier Department of Revenue notification.
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