We are going to supply Under Noti.No.21/2002-Custom dated 01.03.2002 supplying to the above Nuclear Power Project are entitled for the Demed Export Benefits given in Para 8.3(a), (b) and (c) applicable for the Foreign Trade Policy 2009-2014 based on Project Authority Certificate
(a) My question is Excise duty fully exmpted or not? and no need to reverse 6%
(b) If applicable how can we get Refund from DGFT? Whether can we show the Excise duty in Invoice.
Excise Duty Exemption for Nuclear Project Supplies Explained: Notification Updates and CENVAT Credit Rules Clarified A query was raised regarding excise duty exemption for supplies to a nuclear power project under Notification No. 21/2002-Customs. The first response clarified that excisable goods removed without duty payment are exempt if supplied to entities like SEZs or international organizations. The second response highlighted that Notification No. 21/2002-Customs has been superseded by Notification No. 12/2012-Cus, and excise duty exemption is only available under a specific notification. If supplies qualify as deemed exports, a refund of Terminal Excise is possible, and there's no need to reverse CENVAT credit under Rule 6 of the CENVAT Credit Rules 2004. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
