Exemption to cotton yarn and cellulosic spun yarn (Headings 52.03 and 55.05) cleared during 1-3-1994 to 22-3-1994 without payment of duty - 35/96 - Central Excise - Non Tariff

Exemption to cotton yarn and cellulosic spun yarn (Headings 52.03 and 55.05) cleared during 1-3-1994 to 22-3-1994 without payment of duty

Notification No. 35/96-C.E.(N.T.)

Dated 5-11-1996

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 the said section 3 during the period commencing on the 1st of March, 1994 and ending with the 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.