https://www.taxtmi.com/notifications?id=6650 Amendment replaces prior exemption wording with a duty on value addition regime: duty is calculated as specified percentages of total duty on excisable goods per a Table, with a residual rate for unlisted goods and a cap equal to the duty actually paid in cash (excluding CENVAT). Monthly submission and verification procedures govern refunds; manufacturers may instead credit calculated amounts to an account current under conditions, or apply for a Commissioner-fixed special rate based on audited prior-year value addition, with provisional refunds and subsequent adjustments. Effective 1 April 2008. en-us Thu, 27 Mar 2008 00:00:00 +0530 Sat, 11 Oct 2008 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6650 Amendment replaces prior exemption wording with a duty on value addition regime: duty is calculated as specified percentages of total duty on excisable goods per a Table, with a residual rate for unlisted goods and a cap equal to the duty actually paid in cash (excluding CENVAT). Monthly submission and verification procedures govern refunds; manufacturers may instead credit calculated amounts to an account current under conditions, or apply for a Commissioner-fixed special rate based on audited prior-year value addition, with provisional refunds and subsequent adjustments. Effective 1 April 2008. Notifications Central Excise Thu, 27 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6650