CENVAT credit eligibility extended to include customs-duty exempt imports supplied under international competitive bidding, altering rule provisions accordingly. The amendment to the CENVAT Credit Rules, 2004 revises rule 6(6) by substituting wording in item (vi) and inserting item (vii) to provide that all goods exempt from customs duties under the First Schedule to the Customs Tariff Act and the additional import duty, when imported into India and supplied against international competitive bidding in terms of notification No. 6/2002-Central Excise, are covered for the purposes of CENVAT credit.
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 eligibility extended to include customs-duty exempt imports supplied under international competitive bidding, altering rule provisions accordingly.
The amendment to the CENVAT Credit Rules, 2004 revises rule 6(6) by substituting wording in item (vi) and inserting item (vii) to provide that all goods exempt from customs duties under the First Schedule to the Customs Tariff Act and the additional import duty, when imported into India and supplied against international competitive bidding in terms of notification No. 6/2002-Central Excise, are covered for the purposes of CENVAT credit.
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