Input duty credit for specified intermediates allowed when accompanied by duty evidence documents, subject to turnover based exclusion. Credit of duty on specified inputs used in manufacture of intermediate products is allowable under rule 57A when those intermediate products are received for use in manufacture of listed final products; specified inputs include polyvinyl chloride and PVC compound used for insulated electric wires and cables, and credit is conditional on presentation of documents evidencing payment of duty (Gate Pass, AR-1, Bill of Entry or other CBEC specified documents). The notification excludes manufacturers whose aggregate clearances of excisable goods for home consumption exceeded the statutory turnover threshold in the preceding year.
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 duty credit for specified intermediates allowed when accompanied by duty evidence documents, subject to turnover based exclusion.
Credit of duty on specified inputs used in manufacture of intermediate products is allowable under rule 57A when those intermediate products are received for use in manufacture of listed final products; specified inputs include polyvinyl chloride and PVC compound used for insulated electric wires and cables, and credit is conditional on presentation of documents evidencing payment of duty (Gate Pass, AR-1, Bill of Entry or other CBEC specified documents). The notification excludes manufacturers whose aggregate clearances of excisable goods for home consumption exceeded the statutory turnover threshold in the preceding year.
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