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Whether GSI Act 1957 and Textile and article of textile act 1978 could be applicable simultaneously on same product

Central Excise - Started By: - G GOSWAMI - Dated:- 20-12-2015 Last Replied Date:- 26-12-2015 - We are manufacturer of synthetic wire cloth/fabric of chapter 59 whose alleged intermediateproductos wooven fabric of chapter 54,My request to opine that the whether the said two act of 1957 and 1978 could be applicable on this product simultaneously for raising demand by central excise authority. Regards. G.Goswami - Reply By G GOSWAMI - The Reply = Whether GSI Act 1957 and Textile and article of Text .....

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d 9.7.2004. AED GSI was levied in lieu of Sale Tax. Both the duties were levied in addition to BED. In 1986 rate of AED (T) was 13.64 % (Notification No.48/86-CE dated 10.2.86) and in 1990 rate of AED(T) was 15% (Notification No.53/90-CE dated 20.3.90) Rates of both duties kept on changing but finally both were exempted w.e.f 9.7.2004. - Reply By YAGAY AND SUN - The Reply = Respected Kasturi Sir,Your replies are amazing! You have a very rich experience and in-depth Knowledge in Indirect Tax matt .....

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any thanks for your kind opinion. AED (Textile) was leviable on the Basic Excise Duty. If BED is NIL then the AED(T) will also be nil. Again whether Cenvat credit on the AED under GSI Act 1957 will be available. If available since when? I shall be obliged to have your kind opinion in the matter. Regards, G.Goswami 23.12.2015 - Reply By KASTURI SETHI - The Reply = Sh.Ganeshan Kalyani Ji, बहुत बहुत धन्यवाद. & .....

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360;े बड़ी बात विद्वानों (experts) निष्कपटता (sincereity) है. - Reply By KASTURI SETHI - The Reply = Sh.G.Goswami Ji, Cenvat Credit on AED(GSI) was initially allowed vide Notification No.5/02-CE (NT) dated 1.3.2002. At that time credit availed on AED(GSI) could be utilized only towards AED(GSI). Thereafter, vide Notification No.13/05-CE .....

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