(1) | (2) | (3) | (4) | (5) |
---|---|---|---|---|
“4A | 52.07, 52.08 or 52.09 | Woven fabrics of cotton subjected to the process of stentering by a processor with the aid of an open-air stenter, on job work basis or on his own behalf, in a factory which does not have the facilities (including plant and equipment) for carrying out bleaching dyeing, or printing or any one or more of these processes with the aid of power or steam | Nil | 6”; |
(1) | (2) |
---|---|
“6. | The exemption shall apply only upto that much quantity of cotton fabrics cleared by a processor from his factory in respect of which the aggregate amount of job-charges for such stentering does not exceed fifteen lakh rupees as computed in the manner specified in the Explanation below: Provided that if a processor has more than one open-air stenter in his factory or has more than one factory engaged in the process of open-air stentering, the exemption shall apply to the aggregate quantity of cotton fabrics cleared therefrom. Explanation.- For the purposes of this condition, for computing the limit of fifteen lakh rupees on account of the aggregate amount of job-charges, the amount of job-charges for open-air stentering in respect of the clearances of cotton fabrics from a factory or more than one factory of a processor, as the case may be, already effected during the period commencing from the 1st day of April, 2002 and ending with the 17th day of June, 2002, shall be taken ino account; but in case, the textile processor does not undertake any job work and subjects the said fabrics to open-air stentering on his own behalf, the exemption shall be available as if he has undertaken stentering on job-work basis and for the purposes of computing the limit of fifteen lakh rupees, the job-charges shall be deemed to be the difference between the value of the stentered fabrics and the value (cost) of grey fabrics.”. |
(F. No. 354/110/2002-TRU)
(G.D.Lohani)
Under Secretary to the Government of India