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TMI BlogModvat - Amendment to Notification Nos. 5/94-C.E. (N.T.), 24/94-C.E. (N.T.) and 29/96-C.E. (N.T.)X X X X Extracts X X X X X X X X Extracts X X X X ..... red by rule 57A of the Central Excise Rules, 1944, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notification of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table hereto annexed, shall be amended or further amended, as the case may be, in the manner specifie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed company which is engaged in the processing of fabrics with the aid of power along with the spinning of yarn from fibres and weaving or knitting or crocheting of fabrics in one or more factories owned by the same public limited company; and (b) 'independent texturiser' means a manufacturer engaged in the process of texturising or draw twisting (including draw warping and draw winding) of partia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es of this proviso, 'multi-locational composite mill' means a public limited company which is engaged in the processing of fabrics with the aid of power along with the spinning of yarn from fibres and weaving or knitting or crocheting of fabrics in one or more factories owned by the same public limited company." 3. 29/96 - Central Excise (N.T.), dated the 3rd September, 1996 In the said notific ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of - (i) final products lying in stock in the processing factory of a multi-locational composite mill as on the 2nd day of June, 1998; or (ii) final products, manufactured from unprocessed or semi-processed fabrics lying in stock in the processing factory of a multi-locational composite mill as on the 2nd day of June, 1998 : Provided that no credit under this paragraph shall be taken where th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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