Credit of duty on Polyester - Notification No. 79/88 - Amendments - 10/95 - Central Excise - Non Tariff

Credit of duty on Polyester - Notification No. 79/88 - Amendments Notification No. 10/95-C.E. (N. T.) dated 16-3-1995 In exercise of the powers conferred by rule 57K of the Central Excise Rules, 1944, the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 79/88-Central Excises, dated the 1st March, 1988, namely :- In the said notification, in the opening paragraph, for the portion beginning with the brackets, figure and words "(i) the inputs namely, polyester filament yarn falling under" and ending with the words, letters and figures "under heading No. 54.09 or 54.12 of the said Schedule; and", the following shall be substituted, namely :- "(i) the inputs, namely, polyester filament yarn, whether textured or not, falling within Chapter 54 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) and used in the manufacture of the final product, namely, fabrics of polyester filament yarn, woven on looms other than handlooms and subjected to the process of bleaching, dyeing, printing, shrink-proofing, tentering, heat-setting, crease-resistant processing or any other processes or any one or more of these processes, not containing or containing (a) cotton, and (b) polyester staple fibre in which the proportion of polyester staple fibre and yarn is less than 70 per cent by weight of the total fibre content; and".