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of <h1>Amendment to Excise Notification Excludes Special Procedure Manufacturers Under Rules 96ZNA and 96ZNC from Deemed Credit Benefits.</h1> The Central Government has amended Notification No. 7/2001-Central Excise (N.T.), dated March 1, 2001, concerning deemed credit for independent textile processors and composite mills. Effective from May 1, 2001, the amendment adds paragraph 4A, stating that the notification does not apply to manufacturers using the special procedure under rule 96ZNA and paying duty as specified under rule 96ZNC of the Central Excise Rules, 1944. This amendment is issued under the authority of rule 57AK of the Central Excise Rules, 1944, in the public interest.
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