TMI BlogExcise duty liability on denim fabrics - Notification No. 4/96-C.E., dated 4-3-1996 - RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... nance (Department of Revenue) Tax Research Unit, New Delhi Subject : Excise duty liability on denim fabrics - Notification No. 4/96-C.E., dated 4-3-1996 - Regarding. I am directed to invite your attention to Notification No. 40/95-C.E., dated 16-3-1995 which provides for exemption to woven fabrics of cotton when subjected to certain specified processes. The notification also provi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... denim fabrics. Accordingly, Notification No. 4/96-C.E., dated 4-3-1996 has been issued to insert an explanation in Notification No. 40/95-C.E. The explanation excludes the applicability of exemption to denim fabrics both on the ground of marketability of the product as also on the ground of technical specifications. 3. The explanation is only clarificatory in nature and it is the department's v ..... X X X X Extracts X X X X X X X X Extracts X X X X
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