Amendment in Notification No.32/2001-CE, DT. 28/06/2001 - Processed Textile Fabrics Mfd. by Independent Processors - Additional New Plant and Machinery Installation - Excise Duty Provision Modified

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....Fabrics Mfd. by Independent Processors - Additional New Plant and Machinery Installation - Excise Duty Provision Modified  NOTIFICATION NO. 53/2001-CE   DATED 13/11/2001 In exercise of the powers conferred by rule 15 of the Central Excise (No. 2) Rules, 2001, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following f....

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....tional new plant and machinery shall not be taken into account for determining the original value of the investment in the plant and machinery installed in the factory of the said independent textile processor in accordance with sub-paragraph (1). Explanation.- For the removal of doubt, it is hereby clarified that where the installation of such additional new plant and machinery in the factory ....