Amends formula for CENVAT credit in respect of inputs or capital goods produced or manufactured, by a 100% EOU, EHTP or STP unit - 48/2008 - Central Excise - Non Tariff
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Cenvat credit formula amended to change BCD multiplier in calculation for inputs produced by 100% EOU, EHTP or STP. Substitutes the proviso expression in the relevant CENVAT Credit Rules provision so that the base value is multiplied by a term using the basic customs duty rate divided by two hundred together with the existing countervailing duty component, replacing the prior use of the basic customs duty rate divided by four hundred, with effect 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 formula amended to change BCD multiplier in calculation for inputs produced by 100% EOU, EHTP or STP.
Substitutes the proviso expression in the relevant CENVAT Credit Rules provision so that the base value is multiplied by a term using the basic customs duty rate divided by two hundred together with the existing countervailing duty component, replacing the prior use of the basic customs duty rate divided by four hundred, with effect from publication in the Official Gazette.
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