TaxTMI 
TaxTMI 
Dear Expert,
We are DTA unit,desired to produce new product(dutiable),kindly suggest products which consumes non excisable Raw Material, so that accumulation of cenvat can be avoided.
What is about diamond and Jewellery.
New dutyable product and exempted RM
Narendra Soni
Non-excisable raw material use impacts cenvat accumulation, and Budget 2016 changed the applicable treatment for DTA production. Whether a DTA unit proposing to manufacture a newly dutiable product may avoid accumulation of cenvat by using non-excisable raw material, and whether diamonds and jewellery qualify as such inputs, noting that the position was altered by the Budget 2016. (AI Summary)
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