Significant change in Central Excise Duty exemption scheme - Refund of Duty paid in excess of Cenvat Credit - All major notifications have been amended

Significant change in Central Excise Duty exemption scheme - Refund of Duty paid in excess of Cenvat Credit - All major notifications have been amended "

List of these notifications are as follows:

>>>	Central Excise Notification No. 23/2008-CE dated -27-03-2008
	Amends Notification No. 071/2003-CE, dated 9th September, 2003 - Exempts the goods in the State of Sikkim

>>>	Central Excise Notification No. 22/2008-CE dated -27-03-2008
	Amends Notification No. 057/2002-CE, dated 14th November, 2002 - Jammu & Kashmir Units - Exemption from Excise Duty of Specified Goods

>>>	Central Excise Notification No. 21/2008-CE dated -27-03-2008
	Amends Notification No. 056/2003-CE, dated 25th June, 2003 - Utilization of CENVAT credit under the CENVAT Credit Rules, 2002 - Sikkim

>>>	Central Excise Notification No. 20/2008-CE dated -27-03-2008
	Amends Notification No. 020/2007-CE, dated 25th April, 2007 - Exempts the goods - unit located in the States of Assam or Tripura or Meghalaya or Mizoram or Manipur or Nagaland or Arunachal Pradesh or Sikkim

>>>	Central Excise Notification No. 19/2008-CE dated -27-03-2008
	Amends Notification No. 056/2002-CE, dated 14th November, 2002 - Industrial Growth Centres/Industrial Infrastructure/EP Indl. Parks, etc. Units - Exemption from Excise Duty

>>>	Central Excise Notification No. 18/2008-CE dated -27-03-2008
	Amends Notification No. 033/99-CE, dated 8th July, 1999 - Excise Exemption to specified goods of factories in North East

>>>	Central Excise Notification No. 17/2008-CE dated -27-03-2008
	Amends Notification No. 032/1999-CE, dated 8th July, 1999 - Exemption to North East States from Excise duty

>>>	Central Excise Notification No. 16/2008-CE dated -27-03-2008
	Amends Notification No. 039/2001-CE, dated the 31st July, 2001 - 5 Year Excise Free Holiday for Units in Kutch District of Gujarat

Excise duty exemption changes: amended notifications align exemptions with Cenvat credit rules enabling refunds where duty exceeds credit balances. Amendments to multiple central excise notifications revise the excise exemption framework and align exemption measures with the Cenvat Credit Rules to permit refund of duty paid in excess of available Cenvat credit, updating territorial and sectoral coverage for units in specified states, industrial growth centres, industrial infrastructure/EP industrial parks, and the Kutch excise holiday regime.

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

News

News

Significant change in Central Excise Duty exemption scheme - Refund of Duty paid in excess of Cenvat Credit - All major notifications have been amended

March 28, 2008

Excise duty exemption changes: amended notifications align exemptions with Cenvat credit rules enabling refunds where duty exceeds credit balances.

Topics

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

News

News

Significant change in Central Excise Duty exemption scheme - Refund of Duty paid in excess of Cenvat Credit - All major notifications have been amended

March 28, 2008

Print Options

Username/Email Address

Password

The Email Id has not been verified. Click on the link we have sent on

Excise duty exemption changes: amended notifications align exemptions with Cenvat credit rules enabling refunds where duty exceeds credit balances.

Topics