TMI BlogCE Rule 57AK - Credit of Duty on Processed Textile FabricsX X X X Extracts X X X X X X X X Extracts X X X X ..... 44, the Central government hereby declares the following inputs and the final products failing within the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), namely :- Inputs Final products Processed textile fabrics falling under Chapters 52, 54 or 55, or processed textile fabrics of cotton or man-made fibres falling under heading Nos. or sub-heading N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... manufacturer of the final products. 3. (1) The credit of deemed duty allowed in respect of the duty of excise under the said Central Excise Act shall be utilised only towards payment of the duty of excise leviable under the said Central Excise Act on the final products, and no part of the credit allowed shall he refunded in cash or by cheque. (2) The credit of deemed duty allowed in respect of t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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