https://www.taxtmi.com/forum/issue?id=108822 Imported goods for research remain subject to customs duty under Notification 51/96-Cus while domestically procured goods used for research may be exempt from central excise under Notification 10/97-CE; an institutional certificate does not eliminate customs duty. For excise-exempt final goods, separate records must be maintained, inputs used in exempted products are not eligible for CENVAT credit, and where conditions are not met the law requires reversal of credit or payment calculated on the assessable value. en-us Mon, 29 Jun 2015 12:52:57 +0530 Thu, 23 Jan 2025 15:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108822 Imported goods for research remain subject to customs duty under Notification 51/96-Cus while domestically procured goods used for research may be exempt from central excise under Notification 10/97-CE; an institutional certificate does not eliminate customs duty. For excise-exempt final goods, separate records must be maintained, inputs used in exempted products are not eligible for CENVAT credit, and where conditions are not met the law requires reversal of credit or payment calculated on the assessable value. Discussion-Forum Central Excise Mon, 29 Jun 2015 12:52:57 +0530 https://www.taxtmi.com/forum/issue?id=108822