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    <title>Seeks to prescribe effective duty of excise and additional duty of excise in respect of processed textile fabrics</title>
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    <description>Exempts specified processed textile fabrics from that part of the aggregate excise duty exceeding sixteen per cent. ad valorem, and directs that the aggregate duty up to that rate be apportioned equally between Central Excise and Additional Duties of Excise (Goods of Special Importance). The Table enumerates covered tariff entries and goods; S.No.3 defines &quot;independent processor&quot; and provides that the fabrics&#039; value shall be 40% of the value determined under section 4 of the Central Excise Act.</description>
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      <description>Exempts specified processed textile fabrics from that part of the aggregate excise duty exceeding sixteen per cent. ad valorem, and directs that the aggregate duty up to that rate be apportioned equally between Central Excise and Additional Duties of Excise (Goods of Special Importance). The Table enumerates covered tariff entries and goods; S.No.3 defines &quot;independent processor&quot; and provides that the fabrics&#039; value shall be 40% of the value determined under section 4 of the Central Excise Act.</description>
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      <pubDate>Thu, 01 Mar 2001 00:00:00 +0530</pubDate>
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