Effective rate of duty @2% on certain items - Amendments in the Notification No.1/2011-Central Excise dated 01/03/2011 - Exemption will be allowed only if such goods manufactured out of inputs on which appropriate duty of excise leviable has been paid and no cenvat credit avalied - 35/2015 - Central Excise - Tariff

India Imposes 2% Duty on Certain Goods; Exemption for Taxed Inputs Without CENVAT Credit from July 17, 2015

The Government of India has amended Notification No. 1/2011-Central Excise to impose a 2% duty on certain items, effective from July 17, 2015. The exemption applies only if the goods are manufactured using inputs on which the appropriate excise duty, customs duty, or service tax has been paid, and no CENVAT credit has been claimed by the manufacturer. This amendment ensures that the excisable goods are produced from taxed inputs without utilizing CENVAT credits, aligning with public interest considerations.