Twisted Yarn Mfd. by Independent Units – Operationalisation of Excise Exemption Scheme

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Full Text of the Document

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.... by independent units - regarding. Notification No.66/2003-CE has been issued on 07.08.2003. This notification seeks to prescribe a duty on twisted (including crepe) yarn, which is equal to the duties of excise (or the additional duties of customs in case of imported filament yarn) paid on the inputs i.e. base filament yarns. In other words, the credit of the duties paid on the inputs would be ....