https://www.taxtmi.com/forum/issue?id=4448 Rule 6 of the Cenvat Credit Rules lists exceptions where reversal is not applicable, including clearances to SEZs, 100% EOUs, supplies to international organisations or funded projects, export under bond, and supplies of customs-exempt goods against competitive bidding or to specified power projects; if eligible under these categories, reversal under Rule 6 is unnecessary. Notification No.21/2002-Cus was superseded by Notification No.12/2012-Cus, Project Authority Certificate is not a proper basis for excise exemption, and excise exemption must be claimed under a Section 5A notification. Deemed export classification under the FTP permits refund of Terminal Excise and avoids cenvat reversal. en-us Mon, 30 Jul 2012 13:47:33 +0530 Thu, 23 Jan 2025 15:57:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4448 Rule 6 of the Cenvat Credit Rules lists exceptions where reversal is not applicable, including clearances to SEZs, 100% EOUs, supplies to international organisations or funded projects, export under bond, and supplies of customs-exempt goods against competitive bidding or to specified power projects; if eligible under these categories, reversal under Rule 6 is unnecessary. Notification No.21/2002-Cus was superseded by Notification No.12/2012-Cus, Project Authority Certificate is not a proper basis for excise exemption, and excise exemption must be claimed under a Section 5A notification. Deemed export classification under the FTP permits refund of Terminal Excise and avoids cenvat reversal. Discussion-Forum Customs Mon, 30 Jul 2012 13:47:33 +0530 https://www.taxtmi.com/forum/issue?id=4448