Cotton Yarn [Chapter 52] - 22/92 - Central Excise - Tariff

Cotton Yarn [Chapter 52]

Notification No. 22/92-C.E.

Dated 1-3-1992

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts cotton yarn falling under heading No. 52.03 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from the whole of the duty of excise leviable thereon which is specified in the said Schedule:

Provided that the exemption contained in this notification shall be applicable only in respect of such yarn sent outside the factory of production for conversion into hank yarn in plain (straight) reel hanks, whether single or multiple fold, under rule 96E of the Central Excise Rules, 1944.