TMI BlogDuty deman on intermediate products used captively in manufacture of Insulated Power cables cleared supplied to Mega Power Project under ICBX X X X Extracts X X X X X X X X Extracts X X X X ..... We are engaged in manufacture and clearance of finished excisable goods, i.e Insulated Power Cables falling under Tariff Heading No.8544 of the First Schedule to the Central Excise Tariff Act, 1985. We are registered with the Central Excise with in the meanings of Section 6 of Central Excise Act, 1944 read with Rule 9 of Central Excise Rule, 2002 . We are availing Cenvat Credit of sp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecified duty , on specified inputs/Capital goods and services used in manufacture of power cables and for utilization of such credit towards payment of specified duty , levied on the specified finished goods. Before the finished excisable goods , namely insulated power cables comes into existence, it is a continuous process of production, namely drawing of Aluminium wire/Copper wire/, making of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Conductor, laying of Cables, Armouring of Cables, final laying ,to make electric cable. we are not clearing the intermediate goods up to Armouring Satge in to the market. When the said Intermediate goods is consumed in manufacture of final product i.e Insulated Power Cables (i) whether these activities will call Captively consumed under Notification No.67/95-C.E. dated 16/3/1995 in produc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion of dutiable Insulated Power Cables. (I) If it is called Captively consumed whether benefit of exemption under Notification No.67/1995 dated 16/03/1995 will be available on used of Aluminum Wire Rod/Copper Wire Rod /PVC Compound/ GI Wire for Armouring of Cable which were used for manufacture of Power Cables cleared at NIL rate of duty by availing Exemption under Notification No.6/2006 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... C.E. dated 01/03/2006 as amended under Notification no.12/2012 C.E . dated 17/03/2012 supplied Mega Power Project under International Competitive Bidding or we are liable to pay the Central excise duty on intermediate products, manufactured by us and utilized within our factory for manufacture of Insulated Power Cables, as above, by availing benefit of Notification No.67/95-C.E. dated 16/3/1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 995 cleared NIL rate of excise duty under above said Notification to Mega Power Project under International Competitive Bidding - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the above issue? If not please inform. - Duty deman on intermediate products used captively in manufacture of Insulated Power cables cleared supplied to Mega Power Project under ICB - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Query Started By: - shahid hashmi Dated:- 27-8-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|