This notification fixes the rate of deemed Cenvat credit in respect of all goods falling under Chapter 59 of the said First Schedule - 055/2001 - Central Excise - Non Tariff

..... cise Tariff Act, 1985 (5 of 1986) (hereinafter referred to as the "said First Schedule"), as specified in the Table below, namely:- Table Inputs Final products Processed textile fabrics falling under Chapter 52, 54 or 55, or processed textile fabrics of cotton or man-made fibres falling under heading No. or sub-heading No. 58.01, 58.02, 5806.10, 5806.40, 6001.12, 6001.22, 6001.92, 6002.20, 6002.30, 6002.43 or 6002.93, of the said First Schedule and on which duty of excise has been paid in accord .....

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This notification fixes the rate of deemed Cenvat credit in respect of all goods falling under Chapter 59 of the said First Schedule - 055/2001 - Central Excise - Non Tariff

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..... deemed duty allowed in respect of the duty of excise under the said Additional Duties of Excise (Goods of Special Importance) Act, shall be utilised only towards payment of the duty of excise leviable under the said Additional Duties of Excise (Goods of Special Importance) Act on the final products, and no part of the credit allowed shall be refunded in cash or by cheque. 4. The provisions of this notification shall apply only to those inputs which have been received directly by the manufacturer .....

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This notification fixes the rate of deemed Cenvat credit in respect of all goods falling under Chapter 59 of the said First Schedule - 055/2001 - Central Excise - Non Tariff

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