Could you tell me how many products is free from CENVAT levy ?
products is free from CENVAT levy
Products free from CENVAT levy are identified primarily by General Exemption Notifications in the Central Excise Tariff; exemptions may be absolute, partial or conditional. Items not listed in the tariff typically fall outside excise charge, but in practice exemption status depends on tariff classification and notification-based exemptions. Primary agricultural products commonly attract a nil rate, yet specific liability must be determined by reference to the tariff entry and relevant exemption notifications. (AI Summary)
TaxTMI