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Hot Air Stenter Independent Textile Processors Annual Capacity Determination Rules, 1998 - 017/99 - Central Excise - Non Tariff |
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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; ""(vi) the total value of processed fabrics referred to in rule 2, cleared from the factory in the preceding financial year; and (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] |
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