https://www.taxtmi.com/caselaws?id=207104 The Appellate Tribunal CESTAT, Ahmedabad held that supplies to Special Economic Zone (SEZ) developers should be treated as deemed exports, rendering the requirement to pay 10% of exempted final product value under Rule 6(3) of the Cenvat Credit Rules inapplicable. This decision overturned the demand for payment upheld by the adjudicating authority and Commissioner (Appeals), providing relief to the appellant, a furniture manufacturer availing cenvat credit. The case focused on the interpretation of Rule 6(3) in the context of supplies to SEZ developers and the treatment of such supplies as deemed exports, aligning with relevant precedents and a circular issued by the Board. en-us Mon, 28 Feb 2011 00:00:00 +0530 Tue, 23 Aug 2011 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207104 The Appellate Tribunal CESTAT, Ahmedabad held that supplies to Special Economic Zone (SEZ) developers should be treated as deemed exports, rendering the requirement to pay 10% of exempted final product value under Rule 6(3) of the Cenvat Credit Rules inapplicable. This decision overturned the demand for payment upheld by the adjudicating authority and Commissioner (Appeals), providing relief to the appellant, a furniture manufacturer availing cenvat credit. The case focused on the interpretation of Rule 6(3) in the context of supplies to SEZ developers and the treatment of such supplies as deemed exports, aligning with relevant precedents and a circular issued by the Board. Case-Laws Central Excise Mon, 28 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207104