Additional excise duty on cotton fabrics: differential ceiling rates set for hand-processed, power-processed, and handloom-woven goods. The notification sets differential ceiling rates for additional excise duty on specified cotton fabrics by exempting goods from so much of the duty as exceeds specified benchmark amounts. It prescribes three treatments: fabrics processed without power are limited to a proportion of the duty under heading 52.06 determined by yarn count and value; fabrics processed with power by approved independent processors are subject to a higher proportion of that duty; and handloom-woven fabrics processed with power are treated with reference to the duty under heading 52.08 as the benchmark.
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Provisions expressly mentioned in the judgment/order text.
Additional excise duty on cotton fabrics: differential ceiling rates set for hand-processed, power-processed, and handloom-woven goods.
The notification sets differential ceiling rates for additional excise duty on specified cotton fabrics by exempting goods from so much of the duty as exceeds specified benchmark amounts. It prescribes three treatments: fabrics processed without power are limited to a proportion of the duty under heading 52.06 determined by yarn count and value; fabrics processed with power by approved independent processors are subject to a higher proportion of that duty; and handloom-woven fabrics processed with power are treated with reference to the duty under heading 52.08 as the benchmark.
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