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    <title>NOTIFICATION NO. 06/2002-CE(N.T.), DT. 01/03/2002 - Rate of deemed credit - independent textile processors and composite mills</title>
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    <description>Amendment establishes that a manufacturer other than a composite mill may claim deemed credit equal to fifty per cent of aggregate excise duties on specified final cotton products subjected to enumerated finishing operations using an open air stenter and related processes, only if the factory lacks bleaching, dyeing or printing facilities powered by steam or electricity. It prohibits claiming CENVAT credit under rule 3 for consignments where the deemed credit is availed and bars credit for dyes, chemicals, consumables or packaging materials used in manufacture of those consignments; it also defines &quot;open air stenter&quot; and adds related exclusions.</description>
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    <pubDate>Sat, 27 Apr 2002 00:00:00 +0530</pubDate>
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      <title>NOTIFICATION NO. 06/2002-CE(N.T.), DT. 01/03/2002 - Rate of deemed credit - independent textile processors and composite mills</title>
      <link>https://www.taxtmi.com/notifications?id=918</link>
      <description>Amendment establishes that a manufacturer other than a composite mill may claim deemed credit equal to fifty per cent of aggregate excise duties on specified final cotton products subjected to enumerated finishing operations using an open air stenter and related processes, only if the factory lacks bleaching, dyeing or printing facilities powered by steam or electricity. It prohibits claiming CENVAT credit under rule 3 for consignments where the deemed credit is availed and bars credit for dyes, chemicals, consumables or packaging materials used in manufacture of those consignments; it also defines &quot;open air stenter&quot; and adds related exclusions.</description>
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      <pubDate>Sat, 27 Apr 2002 00:00:00 +0530</pubDate>
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