TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Excise Duty Exemption Amended: New Value Addition Calculation for Industrial Units; Effective April 1, 2008</h1> The notification amends the previous Notification No. 56/2002-Central Excise, granting excise duty exemptions for units in Industrial Growth Centres, Industrial Infrastructure, and EP Industrial Parks. The amendment redefines the duty payable on value addition instead of the duty paid by manufacturers, excluding CENVAT credit. It specifies the calculation of duty payable on value addition as a percentage of the total duty on excisable goods, detailed in a provided table. The notification outlines procedures for manufacturers to claim exemptions and refunds, including submission of duty statements and options for provisional refunds. The amendments take effect from April 1, 2008.
TaxTMI 
TaxTMI 
