https://www.taxtmi.com/notifications?id=15092 The notification deems duty to have been paid on specified textile inputs and allows manufacturers of declared final fabrics to claim credit of that deemed duty, set at fifty percent of the excise leviable on the final products, without producing documents evidencing payment on inputs. Credit so allowed must be utilised only towards payment of excise on the declared final products and is allowed at the time of clearance; special limitations apply to composite mills, stocks held on the specified cut off date, and where processed fabric is used as an input for further processing. en-us Tue, 23 Jul 1996 00:00:00 +0530 Fri, 10 Jul 2009 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=15092 The notification deems duty to have been paid on specified textile inputs and allows manufacturers of declared final fabrics to claim credit of that deemed duty, set at fifty percent of the excise leviable on the final products, without producing documents evidencing payment on inputs. Credit so allowed must be utilised only towards payment of excise on the declared final products and is allowed at the time of clearance; special limitations apply to composite mills, stocks held on the specified cut off date, and where processed fabric is used as an input for further processing. Notifications Central Excise Tue, 23 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/notifications?id=15092