Leviability of Additional Excise Duty (Textile and Textile Articles) Act, 1978 in respect of DTA clearances of yarns made by 100% EOUs.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ces of yarns made by 100% EOUs. I am directed to state that representations have been received in the Board seeking clarifications as to whether Additional Excise Duty under Textile and Textile Articles Act, 1978 (hereafter referred to as AED (T&TA) is leviable or not on cotton / man made yarns manufactured and cleared into DTA by a 100% EOU using indigenous raw materials. It has been represent....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... goods produced in the country. (This CV duty will thus include basic Central Excise Duty under Central Excise Act + Additional duty of excise under T & TA Act). 3. Notification No. 8/97-CE dated 1.3.1997, as amended by Notification no. 11/2000-CE dated 1.3.2000, provides that the excise duty payable by a 100% EOU under Central Excise Act in respect of the finished goods manufactured exclusivel....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rticles Act, Notification no. 55/91-CE dated 25.5.1991 was issued which exempted all excisable goods produced or manufactured in a 100% EOU from the whole of duty of excise leviable thereon under AED (T&TA). Thus, effect of Notification no. 9/97-CE as amended and 55/91-CE is to restrict the yarn stage duty to Basic duty under Central Excise Act + AED leviable under Textiles & Textiles Articles Act....