Exemption for captive consumption of Chapter 24 goods extends exemption to Chapter 24 inputs used in Chapter 24 final products. The amendment to Notification No. 121/94-C.E. substitutes the Table to provide that all goods of Chapter 24 are exempt when captively consumed, listing Chapter 24 as the classification for both final products and inputs so that Chapter 24 inputs used for Chapter 24 final products qualify for exemption when consumed internally.
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.
Exemption for captive consumption of Chapter 24 goods extends exemption to Chapter 24 inputs used in Chapter 24 final products.
The amendment to Notification No. 121/94-C.E. substitutes the Table to provide that all goods of Chapter 24 are exempt when captively consumed, listing Chapter 24 as the classification for both final products and inputs so that Chapter 24 inputs used for Chapter 24 final products qualify for exemption when consumed internally.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.