Knitted or Crocheted Fabrics – Exempted from Duty if no Cenvat Duty has been Availed

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..... tion (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India, in the erstwhile Ministry of Finance .....

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..... In the said notification, in the conditions specified below the Table, for the Condition in column (2) occurring against Condition No.4, the following Condition shall be substituted,namely:-"If no credit of the duty paid on inputs or capital goods has been taken under rule 3 or rule 11 of the CENVAT Credit Rules, 2002.". - Notification Tax Management India - taxmanagementindia - taxmanage .....

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