Payment through RG23 whether eligible for incentive scheme under Notification No. 116/84-CE

Eligibility for production incentive: payments credited under input-credit exemption must be counted when computing incentive credit.

RG 23 Part II payments arising under a notification that provides exemption by way of input credit must be counted, along with production ledger duties, when computing the credit amount available as a production incentive; the effective rate of duty calculation requires treating such credit-granting exemption notifications as part of the duties to be taken into account for incentive computation.