TRADE NOTICE :  118 / 2003                                                                                                            Dated: 14.8.2003


    Sub:   Communication of Ministry’s  Notification No. 66 / 2003 - Central Excise  dated: 7.8.2003-Reg.

              Copy of Ministry’s Notification No. 66 / 2003 - Central Excise dated: 7.8.2003    [F.No. 356/30/2003 -  TRU ]  is  communicated herewith.

  The contents of the Trade Notice may be brought to the knowledge  of all  constituents members of Trade Associations/Chamber of Commerce.    

(Issued from file  C.NO.IV/16/ 3 /2003-C.Ex.Pol  )





As per mailing list  I/II/III / All  Sections in Hqrs., Trichy.


Copy of Ministry’s Notification No. 66 / 2003 - Central Excise dated: 7.8.2003

G.S.R.(E).-  In exercise of the powers conferred by sub-section (1) of  section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do,  hereby exempts twisted filament yarns  (including crepe yarn),  falling under  Chapter 54  of the  First  Schedule to the  Central Excise  Tariff Act,  1985 (5 of  1986),  when manufactured by an independent twister,  from filament yarns falling under  Chapter  54  of the said  First  Schedule,  from so much of duty of excise leviable there on under the said  First Schedule and so much of special duty of excise leviable there on under the Second Schedule to the said  Central Excise Tariff Act,  as is in excess of the amount of the said  excise  duty,  the said special duty of excise or,  as the case may be,  the additional duty leviable under  section  3  of  the  Customs  Tariff Act,  1975  (51  of  1975) already  paid  on  such filament  yarns  from which such twisted filament yarns have been manufactured.

2.         The exemption contained in this  notification shall be subject to the following conditions, namely:-

(a)        the twisted filament yarn  (including crepe yarn)  is made from filament yarn on which appropriate duties of excise specified under the said  First  Schedule and Second Schedule or,  as the case may be,  additional duty leviable under section 3 of the  Customs  Tariff Act,  has already been paid

(b)        the twisted filament yarn  (including  crepe yarn)  is made from filament yarn,  purchased or procured from  outside the factory of production of such twisted filament yarn and

 (c)       the said  independent twister  maintains accounts of the receipt and use of filament yarns and manufacture and clearance of the twisted filament yarns in a manner  required for ascertainment of the duties of excise paid on the filament yarn used in the manufacture of such twisted yarn.

Explanation:      For  the purpose of this notification,  an  “independent  twister”  means  a person engaged only in twisting filament yarns but does not include the person who undertakes himself or has proprietary interest in any factory undertaking any other process such as spinning,  doubling,  weaving,  processing of yarn or fabrics.

F.No.356/30/2003 – TRU



Under Secretary to the Government of India