This notification seeks to prescribe rate of deemed credit in respect of articles of apparel and clothing accessories, not knitted or crocheted, falling under Chapter 62 of the said First Schedule

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.... respect of  articles of apparel and clothing accessories, not knitted or crocheted, falling under Chapter 62 of the said First Schedule  30th April, 2001 Notification No. 21/2001-Central Excise (N.T.) In exercise of the powers conferred by rule 57AK of the Central Excise Rules, 1944, the Central Government hereby declares the following inputs (hereinafter referred to as the "de....

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....51 of 1975), (hereinafter referred to as the declared duty) shall be deemed to have been paid on the declared inputs and the same shall be equivalent to the amount calculated at the rate of 20 per cent. of the duty of excise leviable under the Central Excise Act, 1944 (1 of 1944) read with any notification for the time being in force, on the final products declared herein and credit of the decl....

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.... to such safeguards, conditions and limitations as may be specified by the Central Government in the Official Gazette: Provided further that no credit or refund of such declared duty shall be allowed if the manufacturer avails of drawback allowed under the Customs and Central Excise Duties (Drawback) Rules, 1971 or claims rebate of duty under rule 12 of the Central Excise Rules, 1944, in respec....

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....sion or any wilful mis-statement or suppression of facts, or contravention of any provision of the said Central Excise Act or of the rules made thereunder with intent to evade payment of duty. 6. This notification shall come into effect on and from the 1st day of May, 2001. Explanation I.- For the purposes of this notification, the expression "manufacturer" shall include a person who is liab....