Excise exemption for cotton and cellulosic spun yarn permits specified processing duty-free where prior excise has been discharged. Exemption from the whole of excise duty is granted for cotton yarn and cellulosic spun yarn falling under the relevant tariff headings when produced or processed in specified ways, provided the yarn is produced from inputs on which the appropriate excise duty has already been discharged or is intended for specified onward conversion; the Table sets conditions for winding on doubling machines, beaming/warping/wrapping/winding/reeling processes, and independent bleaching/dyeing/mercerising processors.
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 cotton and cellulosic spun yarn permits specified processing duty-free where prior excise has been discharged.
Exemption from the whole of excise duty is granted for cotton yarn and cellulosic spun yarn falling under the relevant tariff headings when produced or processed in specified ways, provided the yarn is produced from inputs on which the appropriate excise duty has already been discharged or is intended for specified onward conversion; the Table sets conditions for winding on doubling machines, beaming/warping/wrapping/winding/reeling processes, and independent bleaching/dyeing/mercerising processors.
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