https://www.taxtmi.com/caselaws?id=245255 Mandatory spares supplied with circuit breakers under an international competitive bidding contract were treated as part of the exempt supply covered by Notification No. 6/2006. Because Rule 6(6)(vii) creates an exception for such international competitive bidding supplies, the mandatory spares also fell within that protection where the purchase orders and bids required them as part of the overall supply obligation. On that basis, reversal of CENVAT credit or payment of 10% of the value of the spares was not required, and the demand was held unsustainable. en-us Fri, 02 Mar 2012 00:00:00 +0530 Tue, 25 Mar 2014 07:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245255 Mandatory spares supplied with circuit breakers under an international competitive bidding contract were treated as part of the exempt supply covered by Notification No. 6/2006. Because Rule 6(6)(vii) creates an exception for such international competitive bidding supplies, the mandatory spares also fell within that protection where the purchase orders and bids required them as part of the overall supply obligation. On that basis, reversal of CENVAT credit or payment of 10% of the value of the spares was not required, and the demand was held unsustainable. Case-Laws Central Excise Fri, 02 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245255