Excise duty exemption for specified textile goods limited to given rates, subject to non-powered manufacture and duty-paid yarn conditions. The Central Government exempts specified Chapter 56 goods from that portion of excise duty exceeding the rate specified in the Table, subject to conditions. Listed goods include twine, cordage, rope and cables, fishing nets, and yarn-based articles. Exemptions apply when goods are made without the aid of power or when made from yarn on which appropriate excise or additional customs duty has already been paid; yarn purchased from the market is deemed duty-paid.
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 duty exemption for specified textile goods limited to given rates, subject to non-powered manufacture and duty-paid yarn conditions.
The Central Government exempts specified Chapter 56 goods from that portion of excise duty exceeding the rate specified in the Table, subject to conditions. Listed goods include twine, cordage, rope and cables, fishing nets, and yarn-based articles. Exemptions apply when goods are made without the aid of power or when made from yarn on which appropriate excise or additional customs duty has already been paid; yarn purchased from the market is deemed duty-paid.
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