NTF. NO. 74/2003-CE(N.T.), DT. 25/09/2003

Section 11C of CE Act-Cotton Waste-Credit of Duty

Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3 of the Central Excise Act, 1944 (1 of 1944) (hereinafter referred to as the said Excise Act), on cotton waste falling under Heading No. 52.02 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), cleared by hundred per cent Export Oriented Undertakings and allowed to be sold in India, and that such cotton waste were liable to duty of excise which was not being levied according to the said practice during the period commencing on and from the 23rd July, 1996 and ending with 28th February, 1997;

Now, therefore, in exercise of the powers conferred by section 11C of the said Excise Act, the Central Government hereby directs that the duty of excise payable on the said cotton waste, cleared by hundred per cent Export Oriented Undertakings and allowed to be sold in India, but for the said practice, shall not be required to be paid in respect of such cotton waste on which the said duty of excise was not being levied during the aforesaid period in accordance with the said practice.

Sd/-
(Sanjiv Srivastava)
Deputy Secretary to the Government of India

[F.No. 52/3/2003-CX.I]

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