https://www.taxtmi.com/forum/issue?id=107259 If a finished good A is captively used to make finished good B which is exempt under an international-competitive-bidding exemption, A will not qualify for the captive-consumption exemption and is liable to excise unless independently exempt. CENVAT treatment turns on Rule 6(iv)/6(iva): where B's supply falls within those rule-based exemptions, credit reversal on inputs for A is not required; otherwise credit taken on duty-paid inputs used in A must be reversed, or duty paid on A with corresponding input credit claimed. en-us Mon, 01 Sep 2014 11:25:21 +0530 Thu, 23 Jan 2025 15:57:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107259 If a finished good A is captively used to make finished good B which is exempt under an international-competitive-bidding exemption, A will not qualify for the captive-consumption exemption and is liable to excise unless independently exempt. CENVAT treatment turns on Rule 6(iv)/6(iva): where B's supply falls within those rule-based exemptions, credit reversal on inputs for A is not required; otherwise credit taken on duty-paid inputs used in A must be reversed, or duty paid on A with corresponding input credit claimed. Discussion-Forum Central Excise Mon, 01 Sep 2014 11:25:21 +0530 https://www.taxtmi.com/forum/issue?id=107259