1997 (7) TMI 156 - SCH - Central Excise

Summary

The Supreme Court upheld the decision that duty is payable on cotton/cellulosic spun yarn based on Notification No. 276/77, dated July 15, 1977. The appellant is liable to pay duty on yarn manufactured between June 18, 1977, and July 15, 1977, but cleared after July 15, 1977. Exemption under Notification Nos. 131/77 and 132/77 is available for yarn used in fabric manufacture before July 15, 1977. The appeal is disposed of with no costs.