Excise rule amendment expands textile coverage and shifts monthly compliance deadline, also adding knitting to manufacturing scope. The amendment revises rule 96ZQ to add processed textile fabrics of cotton or man made fibres within specified textile headings, moves the advance monthly compliance deadline from the 5th to the 15th of each calendar month, and expands Explanation I to include knitting alongside spinning and weaving of fabrics.
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Excise rule amendment expands textile coverage and shifts monthly compliance deadline, also adding knitting to manufacturing scope.
The amendment revises rule 96ZQ to add processed textile fabrics of cotton or man made fibres within specified textile headings, moves the advance monthly compliance deadline from the 5th to the 15th of each calendar month, and expands Explanation I to include knitting alongside spinning and weaving of fabrics.
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