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Cotton yarn and cellulosic spun yarn under the Heading No. 52.03 and
55.05 cleared during 1-3-1994 to 22-3-1994
Notification No. 35 dated 5th November
1996
Whereas the Central Government is satisfied that
according to a practice that was generally prevalent regarding levy of duty of
excise (including non-levy thereof) under section 3 of the Central Excise Act,
1944 (1 of 1944), the duty of excise on cotton yarn and cellulosic spun yarn,
falling under Heading No. 52.03 or 55.05 of the Schedule to the Central Excise
Tariff Act, 1985 (5 of 1986) and subjected to beaming, warping, wrapping,
winding or reeling or any one or more of these processes, with or without the
aid of power, if produced out of cotton yarn or cellulosic spun yarn on which
the duty of excise has already been paid under Heading No. 52.03, or as the case
may be, under Heading No. 55.05 of the Schedule to the Central Excise Tariff
Act, 1985 (5 of 1986), was not being levied under said section 3 during the
period commencing on the 1st of March, 1994 and ending on 22nd
of March, 1994.
Now, therefore, in exercise of the powers conferred
by section 11C of the said Central Excise Act, the Central Government hereby
directs that the whole of the duty of excise payable under the said Act, on such
cotton yarn and cellulosic spun yarn, but for the said practice, shall not be
required to be paid in respect of such cotton yarn and cellulosic spun yarn on
which the said duty of excise was not being levied during the period aforesaid,
in accordance with the said practice.
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