TMI BlogCentral Government Declares (Amount of Credit of Duty)X X X X Extracts X X X X X X X X Extracts X X X X ..... Rules, 2002] , the Central Government, hereby declares, for the purposes of the said rule, the amount of credit of duty, as specified in column (3) of the table below, on inputs lying in stock or in process or on inputs contained in finished goods lying in stock, as specified in the corresponding entry in column (2) of the said Table, namely:- TABLE S. No. Description ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cation No. 6/2002-Central Excise, dated the 1st March, 2002 (other than the shoddy yarn purchased or procured from outside the factory, and subjected to any process); (d) Article of apparel and clothing accessories falling under Chapter 61 Declared value multiplied by 26% of the rate of duty on such unprocessed fabrics Declared value multiplied by 60% of the rate of duty on such unprocess ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 2003; Explanation 3.- For the purposes of this notification, composite mill means a manufacturer who is engaged in the processing of fabrics with the aid of power along with the spinning of yarn from fibres and weaving or knitting or crocheting of fabrics within the same factory and includes a multi-locational composite mill, i.e., a public limited company which is engaged in the processing o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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