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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Availing Cenvat Credit of duty paid inputs, semi-processed ...


Excise Duty Increase: Exemption Partially Withdrawn, Duty Raised from 4% to 8% Effective March 1, 2003. Cenvat Credit Allowed.

September 10, 2013

Case Laws     Central Excise     AT

Availing Cenvat Credit of duty paid inputs, semi-processed inputs and inputs contained in the final products lying in the stock after withdrawal of partial exemption - w.e.f. 1-3-2003 the exemption from excise duty on its final product available to the appellant prior to 1-3-2003 was partially withdrawn to the extent of 4% ad valorem by increasing the excise duty from 4% to 8%. - appellant cease to be exempted from excise duty. - credit allowed - AT

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