Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Central Excise - Non Tariff - Notifications

Home Notifications 1999 Central Excise Central Excise - 1999 Central Excise - Non Tariff This

Hot Air Stenter Independent Textile Processors Annual Capacity Determination Rules, 1998 - 017/99 - Central Excise - Non Tariff

  • Contents

Hot Air Stenter Independent Textile Processors Annual Capacity Determination Rules, 1998 

Notification No. 17/99-CE(NT)
 
Dated 28-2-99


G.S.R. (E).- In exercise of the powers conferred by sub-section (2) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government, hereby makes the following rules further to amend the Hot Air Stenter Independent Textile Processors Annual Capacity Determination Rules, 1998, namely:-

1. (1) These rules may be called the Hot Air Stenter Independent Textile Processors Annual Capacity Determination ( Second Amendment) Rules, 1999.

(2) They shall come into force with effect from the 28th day of February, 1999.2. In the Hot Air Stenter Independent Textile Processors Annual Capacity Determination Rules, 1998, -

(i) in rule 3, in sub-clause (1),

(a) in sub-clause (iv), the word ""and"" shall be omitted;

(b) after sub-clause (v), the following sub-clauses shall be inserted, namely:-

""(vi) the total value of processed fabrics referred to in rule 2, cleared from the factory in the preceding financial year; and

(vii) the total quantity of processed fabrics referred to in rule 2, cleared from the factory in the preceding financial year."";

(ii) for Explanation III, the following Explanation shall be substituted, namely:-

""Explanation III.- For the purposes of these rules, an ""independent processor"" means a manufacturer who is engaged primarily in the processing of fabrics with the aid of power and who also has the facility in his factory (including plant and equipment) for carrying out heat-setting or drying, with the aid of power or steam in a hot-air stenter and who has no proprietary interest in any factory primarily and substantially engaged in the spinning of yarn or weaving or knitting of fabrics, on or after the 10th December, 1998."".

Note : The principal rules were published in the Gazette of India Extraordinary vide notification No. 42/98-Central Excise (N.T.), dated 10th December, 1998 [ G.S.R 730(E), dated the 10th December, 1998] and last amended by notification No.3/99- Central Excise (N.T.), dated the 13th January, 1999, [ G.S.R 28(E), dated the 13th January, 1999]
 
 

 

Quick Updates:Latest Updates