TMI BlogDuty Drawback of Ready-made Garments in the wake of levy of terminal Excise Duty-regardingX X X X Extracts X X X X X X X X Extracts X X X X ..... egarding. In terms of Chapter 4 of the Finance Bill, 2001, amongst other proposals of Central Excise Taxes, it has been proposed to subject ready-made garments and clothing accessories bearing a registered brand name or sold under a registered brand name, and falling under Central Excise Tariff Headings 62.01 and 62.02, to a Cenvat levy of 16% ad valorem with effect from 1.3.2001. 2. As these ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ade available. Therefore, 8 new 33 Numbers, viz. at SS No. 62.011, 62.081, 62.151, 62.161, 62.171, 62.181, 62.191, and 62.201 have been added to the Drawback Table and drawback rates equivalent to the Customs allocations along with proportionate drawback caps. A Notification No. 16/2001-Cus(N.T.) has been issued on 20th April 2001 to this effect and the same is effective for all exports effected f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hich is required to be followed only be excise duty paying manufacturers for goods cleared for exports. ) Custom House need not insist on any further certificate from the concerned jurisdiction all officers of Central Excise about availment or otherwise of the Cenvat credit facility. 5. Suitable Public Notice for information of the trade and standing orders for guidance of the staff may kindly ..... X X X X Extracts X X X X X X X X Extracts X X X X
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