Assessment of intermediate goods — arising during the manufacture of Chaddars

Assessment of intermediate goods — arising during the manufacture of Chaddars https://www.taxtmi.com/circulars?id=2971 A survey was ordered to determine assessment practices and duty exposure for intermediate yarns used in chaddar manufacture during 01.03.2003-08.07.2004 because SSI exemption for chaddars did not specify Chapter 52 intermediates, creating duty liability on such inputs. Field formations must submit unit wise information per Annexure A - including numbers of units paying or not paying duty, amounts involved, SCN and demand details, realised and pending duty, and litigation status - to enable consideration of issuing a central excise notification. en-us Tue, 14 Aug 2007 00:00:00 +0530 Thu, 19 Feb 2009 12:21:00 +0530 TaxTMI RSS Generator Assessment of intermediate goods — arising during the manufacture of Chaddars https://www.taxtmi.com/circulars?id=2971 A survey was ordered to determine assessment practices and duty exposure for intermediate yarns used in chaddar manufacture during 01.03.2003-08.07.2004 because SSI exemption for chaddars did not specify Chapter 52 intermediates, creating duty liability on such inputs. Field formations must submit unit wise information per Annexure A - including numbers of units paying or not paying duty, amounts involved, SCN and demand details, realised and pending duty, and litigation status - to enable consideration of issuing a central excise notification. Circulars Central Excise Tue, 14 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2971