Yarn - Amendment to Notification No. 35/95-C.E. - 84/95 - Central Excise - Tariff

Yarn - Amendment to Notification No. 35/95-C.E. Notification No. 84/95-C.E. Dated 18-5-1995 In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978), 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. 35/95-Central Excises, dated the 16th March, 1995, namely : - In the said notification, - (i) in the Table for S. Nos. 5 and 6 and the entries relating thereto, the following S. Nos. and entries shall be substituted, namely, - (1) (2) (3) (4) (5) "5. 52, 54 and 55 Yarn subjected to beaming, warping, wrapping, winding or reeling or any one or more of these pro- cesses, with or without the aid of power. Nil If produced out of yarn falling within Chapters 52, 54 or 55 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. 6. 52, 54 and 55 Yarn Nil If, - (i) consumed within the factory of production in the manufacture of doubled or multifold including cabled yarn, whether or not dyed, printed, bleached or mercerised; and (ii) such doubled or multifold including cabled yarn is purchased by a registered Apex Handloom Co-operative Society, the National Handloom Development Corporation or a State Government Handloom Development Corporation, and the payment for which is made by cheque drawn by such Co-operative Society or Corporation, as the case may be, on its own bank account"; (ii) after the Table, the following proviso shall be added, namely, - "Provided that the exemption contained hereinabove relating to S. No. 1 or 2 shall not apply to clearances of yarn from a factory having facilities (including plant and equipment) for producing single yarn.".