Input credit for minor vegetable oils in soap manufacture permitted subject to origin, identity and utilisation conditions. Notification prescribes credit for specified vegetable oils used in manufacture of soap (sub-heading 3401.10), fixing rates per tonne and conditioning credit on indigenous origin, factory integration or prescribed identity procedures where processing occurs externally, post-receipt allowance, calculation of credit on processed oils at corresponding rates, utilisation only after the succeeding month, and exclusive use of RG 23B credit for duty on soap without refund or application to other goods.
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.
Input credit for minor vegetable oils in soap manufacture permitted subject to origin, identity and utilisation conditions.
Notification prescribes credit for specified vegetable oils used in manufacture of soap (sub-heading 3401.10), fixing rates per tonne and conditioning credit on indigenous origin, factory integration or prescribed identity procedures where processing occurs externally, post-receipt allowance, calculation of credit on processed oils at corresponding rates, utilisation only after the succeeding month, and exclusive use of RG 23B credit for duty on soap without refund or application to other goods.
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