Yarns - Exemption and effective rate of duty for specified yarns - Amendment to Notification 4/97-C.E. - 34/97 - Central Excise - Tariff

Yarns - Exemption and effective rate of duty for specified yarns - Amendment to Notification 4/97-C.E.

Notification No. 34/97-C.E.

Dated 6-6-1997

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 4/97-Central Excise, dated the 1st March, 1997, namely :-

In the said notification, -

(A) in the Table, -

(1) for S. No. 116 and the entries relating thereto the following shall be substituted, namely :-

(1)	(2)	(3)	(4)	(5)
"116.	51.06, 51.07, 5205.11, 5205.19, 5206.11, 5206.12, 5509.11, 5509.19, 5509.21, 5509.22, 5509.31, 5509.32, 5509.41, 5509.42, 5510.11 or 5510.12	Dyed, printed, bleached or mercerised yarn, whether single, multiple (folded) or cabled, manufactured in a factory which does not have the facilities (including plant and equipment) for producing single yarn	Nil	15B";

(2) against S. No. 116A, for the entry in column (3), the entry "Dyed, printed, bleached or mercerised yarn, whether single, multiple (folded) or cabled, manufactured in a factory which does not have the facilities (including plant and equipment) for producing single yarn" shall be substituted;

(B) in the Annexure, -

(1) for Condition No. 15A and entries relating thereto, the following shall be substituted, namely :-

Condition No.	Conditions
"15A.	(i) If manufactured out of yarn - falling under Chapter 51, 52, 54 or 55 of the said Schedule; and on which the appropriate duty of excise under the said
	(ii) Schedule, or as the case may be, the additional duty leviable under the Customs Tariff Act, 1975 (51 of 1975), has already been paid.";

(2) in the entry against Condition No. 15B, for the figures and word "51, 52 or 55", the figures and word "51, 52, 54 or 55" shall be substituted;

(3) for Condition No. 15C and entries relating thereto, the following shall be substituted, namely :-

Condition No.	Conditions
"15C.	If, -
	(i) manufactured out of textured or draw-twisted yarn,  falling under Chapter 54 of the said Schedule on which the appropriate duty of excise under the said Schedule, or as the case may be, the additional duty leviable under the Customs Tariff Act, 1975 (51 of 1975), has already been paid; and no credit under Rule 57A or 57Q of the Central Excise
	(ii) Rules, 1944 has been availed in the process of dyeing, printing, bleaching or mercerising in the manufacture of dyed, printed, bleached or mercerised yarn.".