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    <title>excise duty on yarn under Notf No 30/2004-CE</title>
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    <description>If input credit on granules is availed and duty is paid on the intermediate PPMF yarn, the manufacturer may still seek the conditional exemption on the finished narrow woven fabric provided manufacturing activities are segregated and records kept; however, duty paid at the intermediate stage shall not be available as cenvat credit for the exempt finished product and must be treated as non-creditable.</description>
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      <title>excise duty on yarn under Notf No 30/2004-CE</title>
      <link>https://www.taxtmi.com/forum/issue?id=2838</link>
      <description>If input credit on granules is availed and duty is paid on the intermediate PPMF yarn, the manufacturer may still seek the conditional exemption on the finished narrow woven fabric provided manufacturing activities are segregated and records kept; however, duty paid at the intermediate stage shall not be available as cenvat credit for the exempt finished product and must be treated as non-creditable.</description>
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