CENVAT credit entitlement limited to excise-equivalent additional duties and related education cesses for exports and park units. The amendment to rule 3(7)(a) specifies that CENVAT credit for inputs and capital goods cleared from export-oriented undertakings and units in Electronic Hardware Technology Parks or Software Technology Parks, where excise duty and Education and Secondary and Higher Education Cesses have been paid, shall be the aggregate of the portion of excise duty equivalent to specified additional duties under the Customs Tariff Act and the Education Cess and Secondary and Higher Education Cess paid on that excise duty.
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 entitlement limited to excise-equivalent additional duties and related education cesses for exports and park units.
The amendment to rule 3(7)(a) specifies that CENVAT credit for inputs and capital goods cleared from export-oriented undertakings and units in Electronic Hardware Technology Parks or Software Technology Parks, where excise duty and Education and Secondary and Higher Education Cesses have been paid, shall be the aggregate of the portion of excise duty equivalent to specified additional duties under the Customs Tariff Act and the Education Cess and Secondary and Higher Education Cess paid on that excise duty.
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