Processed textile fabrics - Duty specified
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....g No. 58.01, 58.02, 58.06 (except sub- heading No. 5806.20), 60.01 or 60.02 (except sub-heading No. 6002.10), of the schedule to the Central Excise Tariff Act, 1985 (5 of 1986), manufactured or produced by an independent processor with the aid of a hot-air stenter shall be (i) in the case of a processing factory whose average value of processed fabric is upto and including Rs. 30 per sq. m. 12.8 per cent of the capacity of production in value terms per chamber per month, equivalent to Rs. 1.5 lacs per chamber per month and (ii) in the case of a processing factory whose average value of processed fabric is upto and including Rs. 30 per sq. m. 12.8 per cent of the capacity of production in value terms per chamber per month, equivalent t....
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....produced prior to the 16th day of December 1998 and cleared on or after that date; ^3(aa) any processed textile fabrics of cotton or man-made fibres, falling under heading Nos. 58.01, 58.02, 58.06 (except sub-heading No. 5806.20), 60.01 or 60.02 (except sub-heading No. 6002.10) of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), manufactured or produced prior to the 13th day of January, 1999 and cleared on or after that date; (b) a composite mill, i.e. a manufacturer or processor, who is engaged in the processing of fabrics with the aid of power along with the spinning of yarn from fibres and weaving or knitting or crocheting of fabrics within the same factor and includes a multi-locational composite mill, i.e. a publi....
TaxTMI