TMI BlogApplicability of Circular No. 845/03/2006-CX dated 1.02.2007 on textile products falling under Chapter 55 - regarding.X X X X Extracts X X X X X X X X Extracts X X X X ..... Central Excise (including LTU), All Chief Commissioners of Customs & Central Excise, All Director Generals, Sir/ Madam, Subject: Applicability of Circular No. 845/03/2006-CX dated 1.02.2007 on textile products falling under Chapter 55 - regarding. It has been brought to the notice of the Board that doubts have arisen on whether the benefit of proportionate Cenvat credit as clarified by Cir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4% to 8% in the said notification vide notification no.11/2009-CE dated 7th July, 2009, the reference to headings 5508, 5509, 5510, 5511, 5512, 5513 and 5514 were omitted in the said notification 29/2004-CE. This was done because items falling under these headings already attracted 8% by tariff. Thus the effective rate of excise duty on these textile items operated through the tariff since both t ..... X X X X Extracts X X X X X X X X Extracts X X X X
|