Notification No.12/2014- Central Excise

[duraiswamy balasundaram]

One of my client selling Gear Box parts for Wind Mill manufacturer as Per Exemption Notification No,.12/2014 - Central Excise.It is comming Under List 8 Serial No.332. My question is what is tarrff No for the above items.It is comming under Nil rate Duty. Whether we have to pay 6 % Duty for the above turnover and in which column we have to Debit the 6% amount . Whether we have to debit Credit Utilized for the other Payment or Rule 6(3) kindly clarify the same

Thanking You

D.balasundaram

AI Summary

Client Seeks Clarification on Tariff Duty for Gearbox Parts Under Exemption Notification No. 12/2014 - Central Excise A client selling gearbox parts for windmill manufacturers seeks clarification on tariff classification and duty obligations under Exemption Notification No. 12/2014 - Central Excise. The query involves whether these items, listed under List 8 Serial No. 332, are subject to a 6% duty and how to account for this in financial records. The response suggests that the items fall under Chapter/Heading No. 8483 40 00 and are exempt from duty according to the amended notifications, confirming their coverage under the specified list and serial number.