Dyed Yarn Made from Duty-Paid or Market-Purchased Yarn Qualifies for Exemption Under Relevant Notifications.

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Full Text of the Document

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....Benefit of Exemption - When the dyed yarn is made out of twisted yarn and the twisted yarn in turn is made out of duty paid or draw twisted yarn the dyed yarn is also to be considered as having been manufactured out of duty paid textured or drawn twisted yarn therefore, they are eligible for the benefit of the said notifications - the dyed yarn made out of the yarn purchased from the open market is entitle to the exemption. - AT....