https://www.taxtmi.com/circulars?id=602 Manufacturers may avail either the optional duty route or the full exemption independently but must keep separate books for goods cleared under each. Pre-budget inputs on which credit was not taken may be cleared duty free; where credit was taken, the manufacturer must either pay duty under the optional route or reverse credit to claim exemption. Persons registered under the former job-work provision are treated as manufacturers for transition; if credit is not reversed the trader may pay duty and clear goods from his or the job-worker's premises for domestic sale or ARE-1 export, with duty liability on the trader. en-us Wed, 28 Jul 2004 00:00:00 +0530 Wed, 24 Sep 2008 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=602 Manufacturers may avail either the optional duty route or the full exemption independently but must keep separate books for goods cleared under each. Pre-budget inputs on which credit was not taken may be cleared duty free; where credit was taken, the manufacturer must either pay duty under the optional route or reverse credit to claim exemption. Persons registered under the former job-work provision are treated as manufacturers for transition; if credit is not reversed the trader may pay duty and clear goods from his or the job-worker's premises for domestic sale or ARE-1 export, with duty liability on the trader. Circulars Central Excise Wed, 28 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=602