TaxTMI 
TaxTMI 
Processed Textile Fabrics Mfd with Hot Air Stenter - Excise Duty Fixed
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....001 In pursuance of rule 96ZNC of the Central Excise Rules, 1944, the Central Government, hereby fixes the rate of excise duty on processed textile fabrics falling under heading Nos. 52.07, 52.08, 52.09, 54.06, 54.07, 55.11, 55.12, 55.13 or 55.14, or processed textile fabrics of cotton or man-made fibres, falling under heading Nos. or sub-heading Nos. 58.01, 58.02, 5806.10, 5806.40, 6001.12, 6001....
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.... in use or not, or is in working condition or not. 2. For the purpose of payment of duty of excise,- i. in the case of an existing processing factory of an independent textile processor, the number of chambers of the hot air stentor installed in such processing factory as on 1st March, 2001 or 1st May, 2001, whichever is higher , shall be taken into account; ii. in the case of new processing fa....
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....alculated, the average value of such goods shall be declared by the independent textile processor at the time of making the application under rule 96ZNA; however, the amount of duty payable on the said goods shall be re-worked at the end of the financial year on the basis of actual average value of the said goods manufactured or produced in that financial year. 4. The duty levied and collected on....
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....he written approval of the Commissioner of Central Excise before making such change, whereafter the Commissioner of Central Excise shall determine the date from which the change in the number of chambers shall be deemed to be effective: Provided that where any change in the installed machinery or any part thereof during a financial year results in the reduction in the number of chambers in a hot-....