Proforma credit entitlement: credit for duty paid on listed raw materials allowed against specified finished excisable goods. Specifies allowance of proforma credit under rule 56A by permitting credit of excise or additional duty already paid on specified raw materials for the finished excisable goods listed in the annexed Table, mapping finished goods to corresponding material tariff headings and thereby creating a closed list of eligible input output pairs for credit under sub rule (2).
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.
Proforma credit entitlement: credit for duty paid on listed raw materials allowed against specified finished excisable goods.
Specifies allowance of proforma credit under rule 56A by permitting credit of excise or additional duty already paid on specified raw materials for the finished excisable goods listed in the annexed Table, mapping finished goods to corresponding material tariff headings and thereby creating a closed list of eligible input output pairs for credit under sub rule (2).
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