1. Does the Notification No.6/2007 will supersede the agreement/ contract?(in case Contract is silent about excise exemption notification no.6/2007.)
2. Whether the Domestic/International competitive bidding project (any one or both)are eligible for availing the excise exemption u/notification 6/2007?
3.Whether PAC is require to avail the same?
4. Refund is granted or not(if granted kindly tell me procedure to avail the refund)
Clarification Needed on Excise Exemption for Contracts Under Notification No. 6/2007; Eligibility and Refund Process Unclear. A query was raised regarding the implications of Notification No. 6/2007 on existing contracts, particularly if the contract does not mention the excise exemption. Questions included whether domestic or international competitive bidding projects qualify for this exemption, if a PAC is required, and the procedure for obtaining a refund if granted. The response indicated that the query lacked clarity, suggesting a need for more detailed information to provide a comprehensive answer. (AI Summary)
TaxTMI 
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TaxTMI 
