https://www.taxtmi.com/notifications?id=608 The notification exempts from excise duty (and special excise duty) the amount in excess of the nil-rate specified for first clearances of specified goods for home consumption, subject to a monetary aggregate limit for first clearances and an exception where full exemption under another notification has been availed. The exemption applies to goods used as inputs for further manufacture within the producing factory. A manufacturer opting for the exemption must not avail CENVAT credit on inputs or capital goods for the covered clearances, must exercise a non-withdrawable yearly option to pay normal duty if chosen, and must aggregate clearances across factories or manufacturers as prescribed. en-us Fri, 01 Mar 2002 00:00:00 +0530 Sat, 18 Oct 2008 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=608 The notification exempts from excise duty (and special excise duty) the amount in excess of the nil-rate specified for first clearances of specified goods for home consumption, subject to a monetary aggregate limit for first clearances and an exception where full exemption under another notification has been availed. The exemption applies to goods used as inputs for further manufacture within the producing factory. A manufacturer opting for the exemption must not avail CENVAT credit on inputs or capital goods for the covered clearances, must exercise a non-withdrawable yearly option to pay normal duty if chosen, and must aggregate clearances across factories or manufacturers as prescribed. Notifications Central Excise Fri, 01 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=608