Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Exemption to specified goods of chapters 50 to 63

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... epartment of Revenue) No. 07/2003-Central Excise dated the 1st March 2003, published in the Gazette of India vide number G.S.R. 137 (E), dated 1st March 2003, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column (3) of the Table below and falling within the Chapter, heading No. or sub-heading No. of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (hereinafter referred to as the Central Excise Tariff Act), specified in the corresponding entry in column (2) of the said Table, from whole of the duty of excise leviable thereon under the said Central Excise Act: 8 [ Provided that the said excisable goods a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... red from outside and subjected to any process by a manufacturer who does not have the facilities in his factory (including plant and equipment) for the manufacture of filament yarns of chapter 54. Explanation.- For the purpose of this exemption, 'manufacture of yarns' means manufacture of filaments of organic polymers produced by ,- (a) polymerization of organic monomers, such as, polyamides, polyesters, polyurethenes, or polyvinyl derivatives; or (b) chemical transformation of natural organic polymers (cellulose, casein, proteins or algae), such as, viscose rayon, cellulose acetate, cupro or alginates. 1 [7 5402 11 10, 5402 19, 5402 44 00, 5402 45 00, 5402 48 0 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... does not have the facilities in his factory (including plant and equipment) for producing goods of heading Nos. 5501, 5502, 5503 and 5504. 2 10A 5506 or 5507 Synthetic filament tow or artificial filament tow procured from outside and subjected to tow-to-top process, required for spinning by a manufacturer who does not have the facilities in his factory (including plant and equipment) for producing goods of heading Nos. 5501 and 5502.] 1 [11 56 12 [***] All goods, other than of jute or other textile bast fibres of heading 5303.] 5 [12 57 All goods other than,- (i) Han .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ****************** Notes : As amended by notification no. 10/2005 dated 1-3-2005 and notification No. 15/2006 dated 1-3-2006 and 48/2006 CE dated 30-12-2006 and 1. Has been substituted vide Notification No. 13/2007 CE dated 1/3/2007 2. Inserted vide notification no. 12/2009 CE dated 7/7/2009 3. Substituted vide Notification No. 12/2011-CE, dated 1-3-2011. Before substitution for the figures 2002 , 4. Substituted vide Notification No. 12/2011-CE, dated 1-3-2011. Further substituted vide Notification no. 30/2011 CE dated 24-3-20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates