CE-MMSF - Fixing of percentage of waste for Polyester Staple Fibre Industry - Regarding

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..... MSF - Fixing of percentage of waste for Polyester Staple Fibre Industry - Regarding. The issue of fixing a percentage for the purpose of waste accruing in the process of manufacture of Polyester Staple Fibre was examined in the Board. It was represented by the trade that since, no fixed percentage of waste is stipulated under the Central Excises and Salt Act, 1944 there is always a dispute with t .....

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..... ical verification, waste can always be ascertained and cleared after paying duty as wastes. 3. The question whether a consignment is made up of waste or not is one of the fact which can be verified physically by the assessing Officer. As the units manufacturing fibres are under physical control, there should be no difficulty in verifying each lot. 4. It has been decided by the Board, that it may .....

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