Duty paid on the inputs used in or in relation to the manufacture of goods cleared - 061/2002 - Central Excise - Tariff

Refund limitation: refunds under specified excise notifications capped at duty paid less CENVAT credit availed on inputs.

Refunds under the specified Central Excise notifications are limited to the amount of duty paid less the CENVAT credit availed in respect of duty paid on inputs used in or in relation to the manufacture of goods cleared under those notifications, by insertion of a proviso into clause (b) of the second paragraph of each notification.