https://www.taxtmi.com/acts?id=16090 A new Chapter Note 1A classifies man-made fibre from plastic and plastic waste, including waste PET bottles, as textile material under Chapter 54 or 55 with retrospective effect from 29 June 2010; it validates excise duty recovery actions in the period from that date until assent of the Finance Bill, 2012, requires payment within one month with interest for delay, and permits assessees to claim CENVAT Credit under the 2004 Rules if not previously availed due to non-excisable or exempt treatment. en-us Sat, 17 Mar 2012 16:43:10 +0530 Sat, 17 Mar 2012 16:43:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16090 A new Chapter Note 1A classifies man-made fibre from plastic and plastic waste, including waste PET bottles, as textile material under Chapter 54 or 55 with retrospective effect from 29 June 2010; it validates excise duty recovery actions in the period from that date until assent of the Finance Bill, 2012, requires payment within one month with interest for delay, and permits assessees to claim CENVAT Credit under the 2004 Rules if not previously availed due to non-excisable or exempt treatment. Act-Rules Bills Sat, 17 Mar 2012 16:43:10 +0530 https://www.taxtmi.com/acts?id=16090