https://www.taxtmi.com/notifications?id=6647 Replaces exemption tied to duty paid with calculation of duty payable on value addition determined as specified percentage rates by Chapter and description; limits payable duty to duty actually paid excluding CENVAT credit where higher, mandates exhaustion of CENVAT credit when all goods are exempt, prescribes monthly reporting and refund or account-current credit procedures subject to verification and recovery rules, and provides an application-based special-rate mechanism reflecting actual value addition with provisional refund and government control over fixation. en-us Thu, 27 Mar 2008 00:00:00 +0530 Sat, 11 Oct 2008 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6647 Replaces exemption tied to duty paid with calculation of duty payable on value addition determined as specified percentage rates by Chapter and description; limits payable duty to duty actually paid excluding CENVAT credit where higher, mandates exhaustion of CENVAT credit when all goods are exempt, prescribes monthly reporting and refund or account-current credit procedures subject to verification and recovery rules, and provides an application-based special-rate mechanism reflecting actual value addition with provisional refund and government control over fixation. Notifications Central Excise Thu, 27 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6647