Excise Exemption Limit Raised for Textiles/RMG

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..... n 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 Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, shall be amended in the manner specified in .....

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..... e, dated the 30th April, 2003 In the said notification,- (a) in the opening paragraph, after item number (iv), the following shall be inserted, namely,- "(v) terry towels falling under Chapter 63; (vi) woolen blankets, of yarn of shoddy, falling under Chapter 63 "; (b) in paragraph 2, for the words "thirty lakh rupees", wherever they occur, the words "thirty five lakh rupees" shall be substit .....

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