Credit of duty paid on inputs and outputs on processed fabrics of Chapters 52, 54, 55, processed and unprocessed fabrics of Heading Nos. 58.01, 58.06, 60.01 or 60.02

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....ics of Heading Nos. 58.01, 58.06, 60.01 or 60.02 Notification No. 11/96-C.E. (N.T.) Dated, 23-7-1996 In exercise of the powers conferred by sub-rule (2) of rule 57A of the Central Excise Rules, 1944, the Central Government hereby declares the following inputs and the final products, namely :- Inputs Final products (i) goods falling within heading No. 51.05 (ii) goods falling within heading ....

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....der section 3 of the Customs Tariff Act, 1975 (51 of 1975); or (iii) the additional duty of excise under section 3 of the Additional Duties of Excise (Textiles and Textile Articles) Act, 1978 (40 of 1978), (hereinafter referred to as `declared duty') shall be deemed to have been paid on the inputs declared herein and the same shall be equivalent to the amount calculated at the rate of 50% of the....

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....ch processed fabrics which have been manufactured from unprocessed fabrics not woven in the same composite mill; (2) in respect of processed fabrics, manufactured by a composite mill, which are lying in stock as on 1st day of August, 1996, the provisions of this notification shall apply only if the appropriate duty of excise leviable under the said Central Excises and Salt Act on declared inputs ....