Effective rate of duty - Amendments in the Notification No.12/2012-Central Excise dated 17/03/2012 - Exemption shall be grated to certain items eligible Nil rate of duty or concessional rate of duty only if such goods manufactured out of inputs on which appropriate duty of excise leviable has been paid and no cenvat credit avalied - 36/2015 - Central Excise - Tariff

India Amends Excise Notification to Grant Duty Exemptions for Goods with Paid Excise; Updates Conditions 16, 20, 25, 52A.

The Government of India has amended Notification No. 12/2012-Central Excise to grant exemptions on certain goods eligible for a nil or concessional duty rate. These exemptions apply only if the goods are manufactured from inputs or capital goods on which the appropriate excise duty or customs duty has been paid, and no CENVAT credit is claimed by the manufacturer. Specific conditions, such as Conditions No. 16, 20, 25, and 52A, have been revised to reflect these requirements. These changes ensure that manufacturers, not buyers, meet the criteria under the CENVAT Credit Rules, 2004.