Exemption threshold for bleached cotton fabrics: monthly clearances above 4.5 lakh square metres affect the notification's proviso. The notification amends Notification No. 130/82 by substituting a proviso sub clause to prescribe that if the quantity of bleached cotton fabrics cleared for home consumption in any calendar month by or on behalf of a manufacturer from one or more factories, or from any factory by or on behalf of one or more manufacturers, exceeds four and a half lakh square metres, the proviso's operation is affected.
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Provisions expressly mentioned in the judgment/order text.
Exemption threshold for bleached cotton fabrics: monthly clearances above 4.5 lakh square metres affect the notification's proviso.
The notification amends Notification No. 130/82 by substituting a proviso sub clause to prescribe that if the quantity of bleached cotton fabrics cleared for home consumption in any calendar month by or on behalf of a manufacturer from one or more factories, or from any factory by or on behalf of one or more manufacturers, exceeds four and a half lakh square metres, the proviso's operation is affected.
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