Payment of 1% or 2% Central Excise duty instead of 12%

[Sanjeev Chauhan]

Respected All,

Kindly guide regarding payment of 1 percent or 2 percent c.ex. duty instead of 12 percent duty subject to non availment of Cenvat Credit.

Please guide alongwith Circular No. or Notification No. or Rules etc.

 

Regards,

Sanjeev.

AI Summary

Clarification on 1% or 2% Central Excise Duty Rates Under Notification No. 01/2011-CE; Cenvat Credit Not Applicable. A query was raised regarding the payment of 1% or 2% Central Excise duty instead of the standard 12%, contingent on not availing Cenvat Credit. Two responses were provided, both referencing Notification No. 01/2011-CE dated 01-03-2011. The notification lists items eligible for reduced excise duty rates of 1% or 2% without Cenvat Credit. Respondents advised consulting the notification for specific details on eligible goods and conditions.