Could you please HELP me on what basis can the Excise duty be availed by us and what documentation is necessary for the same. Further, based on this notification can be also get ED benefit on the raw material purchased for the manufacture of these components? Please have a look and provide some details.
Could you please verify on what basis can the Excise duty be availed by us and what documentation is necessary for the same. Further, based on this notification can be also get ED benefit on the raw material purchased for the manufacture of these components? Please have a look and provide some details.
Excise duty exemptions for wind turbine components removed; previous concessions under Notification 2012/12 are no longer available. Excise duty exemptions for components of wind turbine generators under Notification 2012/12, S No 332, List 8-21, are no longer applicable due to the omission of Sl. No. 21 by Notification 12/2014-CE dated 11.07.2014. A participant inquired about the basis and documentation required to avail excise duty benefits and whether these benefits extend to raw materials used in manufacturing these components. The response clarified that the previous concessions are not currently available, impacting the ability to claim such benefits. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
