https://www.taxtmi.com/article/detailed?id=5565 The note explains that excise liability arises on manufacture and differentiates lawful tax planning from tax avoidance and illegal tax evasion, emphasising taxpayer intention. It outlines practical planning: evaluating SSI Exemption versus paying duty, applying Rule 6 for valuation of free supplies, structuring inter unit transfers to optimise CENVAT Credit, managing credit on capital goods and input services, utilising export incentive schemes, and adopting documentation, SOPs and departmental intimation to secure credits and control costs. en-us Sat, 12 Apr 2014 10:53:32 +0530 Sat, 12 Apr 2014 10:53:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5565 The note explains that excise liability arises on manufacture and differentiates lawful tax planning from tax avoidance and illegal tax evasion, emphasising taxpayer intention. It outlines practical planning: evaluating SSI Exemption versus paying duty, applying Rule 6 for valuation of free supplies, structuring inter unit transfers to optimise CENVAT Credit, managing credit on capital goods and input services, utilising export incentive schemes, and adopting documentation, SOPs and departmental intimation to secure credits and control costs. Articles Central Excise Sat, 12 Apr 2014 10:53:32 +0530 https://www.taxtmi.com/article/detailed?id=5565