Supply of materials under concessional rate (6%) of Duty under notification 12/2015 srl.no.321b

[THYAGARAJAN KALYANASUNDARAM]

Dear sir,

One of my client going to supply of materials under concessional rate (6%) of Duty under notification 12/2015 srl.no.321b.

Kindly clarify my following doubts

1. whether we can avail cenvat input credit for input used for above supply?

2. any sparete register to be maintained for input or output?

3. If any other procedure to be followed

AI Summary

Clarification on 6% Concessional Duty Rate for LED Drivers Under Notification 12/2015 srl.no.321b; Cenvat Credit Allowed A client intends to supply materials at a concessional duty rate of 6% under notification 12/2015 srl.no.321b and seeks clarification on availing Cenvat input credit, maintaining registers, and following procedures. The response clarifies that the concessional rate applies to inputs used in manufacturing LED drivers or related products, subject to compliance with rules effective from 1-4-2016. The recipient manufacturer must initiate the procedure by filing necessary information and bonds. The supplier can avail of the concessional rate based on information from the recipient and must maintain detailed records. There are no restrictions on availing Cenvat credit for inputs.