Could you tell me how many products is free from CENVAT levy ?
products is free from CENVAT levy
Neeraj rai
Understanding CENVAT Exemptions: General Notifications, Conditional Exemptions, and NIL Duty Rate for Agricultural Products. A query was raised regarding which products are exempt from CENVAT levy. One response suggested referring to General Exemption Notifications in the tariff for guidance, noting that exemptions can be absolute, partial, or conditional. Another response indicated that while items not listed in the central excise tariff are free from levy, very few items are entirely exempt. It was recommended to consult the department or a consultant for specific inquiries, although some primary agricultural products are subject to a NIL duty rate. (AI Summary)