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    <title>Jammu &amp; Kashmir Units – Exemption from Excise Duty of Specified Goods</title>
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    <description>Exemption grants units in Jammu and Kashmir relief from excise duty equivalent to the duty payable on value addition, calculated by reference to prescribed Table rates or a Commissioner fixed special rate reflecting actual value addition. Manufacturers must submit monthly statements of duty and CENVAT utilisation for verification; refunds or account current credits are processed by the Assistant/Deputy Commissioner within prescribed deadlines. Where all production is eligible the manufacturer must first utilise CENVAT credit; options, provisional refunds, reversal and recovery rules apply. Eligibility, duration, exclusions and employment linked expansion conditions are prescribed.</description>
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    <pubDate>Thu, 14 Nov 2002 00:00:00 +0530</pubDate>
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      <description>Exemption grants units in Jammu and Kashmir relief from excise duty equivalent to the duty payable on value addition, calculated by reference to prescribed Table rates or a Commissioner fixed special rate reflecting actual value addition. Manufacturers must submit monthly statements of duty and CENVAT utilisation for verification; refunds or account current credits are processed by the Assistant/Deputy Commissioner within prescribed deadlines. Where all production is eligible the manufacturer must first utilise CENVAT credit; options, provisional refunds, reversal and recovery rules apply. Eligibility, duration, exclusions and employment linked expansion conditions are prescribed.</description>
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