https://www.taxtmi.com/notifications?id=966 The amendment under sub-rule (3) of rule 9A of the CENVAT Credit Rules substitutes the Table entry for finished goods lying in stock, identifying four categories-unprocessed cotton fabrics, other unprocessed fabrics, certain exempt yarns (excluding specified shoddy yarns), and articles of apparel and clothing accessories-and prescribes valuation formulas for credit calculation: declared value multiplied by 26% of the rate of duty for unprocessed cotton fabrics, declared value multiplied by 60% of the rate of duty for other unprocessed fabrics, deemed value multiplied by the rate of duty for eligible yarns, and declared value multiplied by 12% of the rate of duty for apparel and clothing accessories. en-us Sat, 17 May 2003 00:00:00 +0530 Wed, 12 Nov 2008 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=966 The amendment under sub-rule (3) of rule 9A of the CENVAT Credit Rules substitutes the Table entry for finished goods lying in stock, identifying four categories-unprocessed cotton fabrics, other unprocessed fabrics, certain exempt yarns (excluding specified shoddy yarns), and articles of apparel and clothing accessories-and prescribes valuation formulas for credit calculation: declared value multiplied by 26% of the rate of duty for unprocessed cotton fabrics, declared value multiplied by 60% of the rate of duty for other unprocessed fabrics, deemed value multiplied by the rate of duty for eligible yarns, and declared value multiplied by 12% of the rate of duty for apparel and clothing accessories. Notifications Central Excise Sat, 17 May 2003 00:00:00 +0530 https://www.taxtmi.com/notifications?id=966