https://www.taxtmi.com/notifications?id=6652 The amendment defines duty payable on value addition as a percentage of total duty on specified excisable goods per a prescribed Table, limits refund to duty paid other than by CENVAT credit, and requires manufacturers to first utilize CENVAT credit where all goods are eligible. It establishes a monthly statement and refund procedure, permits optional crediting to an account current subject to election, verification, reversal and recovery rules, and provides an application process for a special rate based on actual value addition with auditor certification and provisional refund mechanics. en-us Thu, 27 Mar 2008 00:00:00 +0530 Sat, 11 Oct 2008 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6652 The amendment defines duty payable on value addition as a percentage of total duty on specified excisable goods per a prescribed Table, limits refund to duty paid other than by CENVAT credit, and requires manufacturers to first utilize CENVAT credit where all goods are eligible. It establishes a monthly statement and refund procedure, permits optional crediting to an account current subject to election, verification, reversal and recovery rules, and provides an application process for a special rate based on actual value addition with auditor certification and provisional refund mechanics. Notifications Central Excise Thu, 27 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6652