Excise exemption scope expanded for processed textile fabrics, with transitional clearance allowed for pre-amendment manufacture. The notification amends the exemption by substituting paragraph 1 to include processed textile fabrics of cotton or man-made fibres under specified tariff headings, inserts a transitional clause allowing clearance of such fabrics manufactured before the amendment but cleared on or after the effective date, and expands Explanation II to include knitting alongside spinning and weaving.
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Provisions expressly mentioned in the judgment/order text.
Excise exemption scope expanded for processed textile fabrics, with transitional clearance allowed for pre-amendment manufacture.
The notification amends the exemption by substituting paragraph 1 to include processed textile fabrics of cotton or man-made fibres under specified tariff headings, inserts a transitional clause allowing clearance of such fabrics manufactured before the amendment but cleared on or after the effective date, and expands Explanation II to include knitting alongside spinning and weaving.
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