TMI BlogNotification for Rate of duty on coke as per Tariff and refund notification applicabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... 1. Coke products falling under Chapter 2704 were earlier not taxable. The levy came in wef 1.3.2011 by way of 1/2011 CE @1% (concessional) without availing input credit. The Tariff rate for such products was prescribed @5% under the budget 2011 and notified under 2/2011 CE . However, I am not able to locate 2704 under 2/2011 CE . Please help with relevant reference. 2. If products are ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nufactured in North east India, the area based exemption under 20/2008/CE dated 27.03.2008 applies. However, the levy came in later and thereafter there was no specific notification for updating 20/2008 CE in this regard. But 20/2008 has a residuary head under which rate of refund for any chapter other than those listed is marked @ 36%. Please advise will this bar the assessee from claiming ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... refund @36% because the levy came in after the refund notification and no fresh notification clarifying the position is issued. Thanks and Regards - Reply By raj kumar shukla - The Reply = 1. the tariff rate is never prescribed by notification therefore it is in correct to say 5% was prescribed through 2/2011 2. 2/2011 is a separate notification which does not cover 2704. 3.you may yours ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elf examine applicability of notification no. 20/2007 as amended. late levy does not matter. - Notification for Rate of duty on coke as per Tariff and refund notification applicability - Query Started By: - Raginee Goyal Dated:- 7-5-2012 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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