Fabrics (Additional Duty) Rules, 1995 - 124/95 - Customs -Tariff

Fabrics (Additional Duty) Rules, 1995 Notification No. 124/95-Cus. Dated 7-8-1995 In exercise of the powers conferred by sub-section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), the Central Government hereby makes the following rules, namely :- 1. (1) These rules may be called the Fabrics (Additional Duty) Rules, 1995. (2) They shall come into force on the date of their publication in the Official Gazette. 2. For the purpose of sub-section (3) of section 3 of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the said Act), additional duty leviable on woven fabrics falling under Chapter 52, Chapter 54 or Chapter 55 of the First Schedule to the said Act as are specified in column (2) of the Table annexed hereto, when imported into India, shall be equal to such portion of the excise duty leviable on yarns, dyes, chemicals or consumables, as the case may be, as is equivalent to an amount of the duty of excise calculated by applying the rate specified in the corresponding entry in column (3) of the said Table to the aggregate of, - (a) the value of the imported fabrics determined under section 14 of the Customs Act, 1962 (52 of 1962); and (b) any duty of customs chargeable on the imported fabrics under section 12 of the said Customs Act, and any sum chargeable on such fabrics under any law for the time being in force as an addition to, and in the same manner as, a duty of customs, but not including, - (i) the additional duty chargeable under sub-section (1) of section 3 of the said Act; and (ii) additional duty chargeable under sub-section (3) of section 3 of the said Act. TABLE S. No. Name of fabric Rate (1) (2) (3) 1. Woven fabrics of cotton, not containing any other textile materials 5% 2. Woven fabrics of polyester filament yarn, not containing any other textile materials 25% 3. Woven fabrics, not containing any filament yarns 15% 4. Woven fabrics, other than those specified at S. Nos. 1, 2 or 3 above 20%