Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendment Extends Excise Duty Exemption for Kutch Manufacturers; Updates Duty Calculations, CENVAT Use, and Refund Procedures</h1> The notification amends the previous Notification No. 39/2001-Central Excise, granting a five-year excise duty exemption for manufacturing units in Kutch District, Gujarat. Effective from April 1, 2008, the amendment modifies the calculation of duty payable on value addition, specifying rates for different goods categories. It mandates manufacturers to utilize CENVAT credit before claiming exemptions and outlines procedures for claiming refunds. Manufacturers can opt for a special rate based on actual value addition, subject to approval and verification by excise authorities. The notification also details the process for provisional refunds and adjustments based on special rate determinations.