Seeks to amend CENVAT Credit Rules, 2004 so as to withdraw the facility to avail of CENVAT credit of duty paid on molasses generated in the sugar season 2015-16 (i.e. 1st October, 2015 to 30th September 2016) which is used for producing ethanol for supply to public sector OMCs for blending with petrol by omitting rule 6 (6) (ix) of the CENVAT Credit Rules, 2004 - 41/2016 - Central Excise - Non Tariff
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Cenvat credit withdrawal: credit for duty on molasses used to produce ethanol for OMC blending has been revoked. Withdrawal of CENVAT credit entitlement for duty paid on molasses used to produce ethanol supplied to public sector OMCs for blending with petrol by omitting clause (ix) of sub rule (6) of rule 6 of the CENVAT Credit Rules, 2004; effected by notification under the Central Excise Act and the Finance Act and effective from publication in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cenvat credit withdrawal: credit for duty on molasses used to produce ethanol for OMC blending has been revoked.
Withdrawal of CENVAT credit entitlement for duty paid on molasses used to produce ethanol supplied to public sector OMCs for blending with petrol by omitting clause (ix) of sub rule (6) of rule 6 of the CENVAT Credit Rules, 2004; effected by notification under the Central Excise Act and the Finance Act and effective from publication in the Official Gazette.
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