Duty exemption conditions for textile goods revised to include interim clearances and restrict refund claims. Clearances for home consumption of textile goods made between 1st April and 30th April shall be counted in computing the aggregate value of clearances for the financial year for entitlement to nil or concessional duty; refunds of duty or differential duty for clearances before the operative date are not admissible; the term 'manufacturer' for these goods includes a person liable to pay excise under the applicable liability rule; and a specified Annexure item is omitted, with amendments effective from 1st May.
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Duty exemption conditions for textile goods revised to include interim clearances and restrict refund claims.
Clearances for home consumption of textile goods made between 1st April and 30th April shall be counted in computing the aggregate value of clearances for the financial year for entitlement to nil or concessional duty; refunds of duty or differential duty for clearances before the operative date are not admissible; the term "manufacturer" for these goods includes a person liable to pay excise under the applicable liability rule; and a specified Annexure item is omitted, with amendments effective from 1st May.
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