Deemed Cenvat Credit rate fixed for specified textile inputs, allowing restricted duty credit on clearance of final fabric products. Declares specified textile inputs and corresponding final products produced by composite mills and deems a fixed duty per kilogram to have been paid on those inputs when purchased by the manufacturer; allows credit of that deemed duty without production of payment documents at clearance, restricts utilisation to excise on the final products, permits export/home-consumption adjustments or refund subject to safeguards, and excludes cases of clandestine removal or fraud. Clarifies deemed credit applies notwithstanding actual duty paid and defines 'composite mill'.