https://www.taxtmi.com/forum/issue?id=109324 Notification No. 21/2012 (Sr. No. 2) exempts additional countervailing duty for pre packed goods with affixed MRP that are intended for retail sale; the test of "intended for" is fact sensitive and must be assessed at the time of clearance. Where goods bearing MRP are cleared ex bond for industrial use, entitlement to the exemption hinges on whether the requisite intention for retail sale existed at clearance; related authorities confirm that notification benefits are determined at clearance and may persist despite subsequent use or loss. Manufacturers may also consider Cenvat credit subject to factual analysis. en-us Fri, 23 Oct 2015 15:42:55 +0530 Thu, 23 Jan 2025 15:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109324 Notification No. 21/2012 (Sr. No. 2) exempts additional countervailing duty for pre packed goods with affixed MRP that are intended for retail sale; the test of "intended for" is fact sensitive and must be assessed at the time of clearance. Where goods bearing MRP are cleared ex bond for industrial use, entitlement to the exemption hinges on whether the requisite intention for retail sale existed at clearance; related authorities confirm that notification benefits are determined at clearance and may persist despite subsequent use or loss. Manufacturers may also consider Cenvat credit subject to factual analysis. Discussion-Forum Customs Fri, 23 Oct 2015 15:42:55 +0530 https://www.taxtmi.com/forum/issue?id=109324