Input duty credit deemed paid, allowing specified percentage credit on textile final products at clearance for composite and other manufacturers. The notification declares specified textile inputs and their corresponding final products and provides that declared duty on those inputs shall be deemed to have been paid, allowing manufacturers-with different percentage rates for composite mills and other manufacturers-to claim credit of the deemed duty at final product clearance without producing input duty documents, subject to utilization limits, export adjustment/refund conditions, exclusions for rule 57AB claimants, clandestine or fraudulent removals, and specified carve-outs for independent processors and certain stock of multi locational composite mills.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input duty credit deemed paid, allowing specified percentage credit on textile final products at clearance for composite and other manufacturers.
The notification declares specified textile inputs and their corresponding final products and provides that declared duty on those inputs shall be deemed to have been paid, allowing manufacturers-with different percentage rates for composite mills and other manufacturers-to claim credit of the deemed duty at final product clearance without producing input duty documents, subject to utilization limits, export adjustment/refund conditions, exclusions for rule 57AB claimants, clandestine or fraudulent removals, and specified carve-outs for independent processors and certain stock of multi locational composite mills.
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