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<h1>Compounded levy scheme limits makers to machine based fixed duty, bars cenvat credit and export rebate.</h1> The Compounded Levy Scheme imposes capacity based fixed excise duty determined by notified rates applied to the maximum number of relevant machines installed during the three calendar months preceding application; participation is elective but binding for the declared period, requires specified application and intimation procedures, and excludes export rebate, SSI exemption where specified, and cenvat credit.