https://www.taxtmi.com/circulars?id=5775 Extension of the Modvat credit scheme to textile fabrics from 4 September 1996 sets distinct treatments: composite mills that perform spinning plus in house weaving/knitting/crochet and processing may claim actual input duty credit and are not liable to duty on captively consumed yarn; multi locational mills pay duty at yarn stage while their separate processors can claim deemed credit; movement under rule 96D is withdrawn and processed fabrics must move under duty paying documents. en-us Tue, 03 Sep 1996 00:00:00 +0530 Thu, 11 Jun 2009 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5775 Extension of the Modvat credit scheme to textile fabrics from 4 September 1996 sets distinct treatments: composite mills that perform spinning plus in house weaving/knitting/crochet and processing may claim actual input duty credit and are not liable to duty on captively consumed yarn; multi locational mills pay duty at yarn stage while their separate processors can claim deemed credit; movement under rule 96D is withdrawn and processed fabrics must move under duty paying documents. Circulars Central Excise Tue, 03 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5775