<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Cenvat credit on exempted goods exported</title>
    <link>https://www.taxtmi.com/forum/issue?id=109873</link>
    <description>Rule 6 of the Cenvat Credit Rules offers alternatives for manufacturers of both dutiable and exempted products, including denial of credit for inputs exclusively used for exempted goods, separate inventory maintenance, payment in lieu of segregation, or formula allocation, with the chosen option communicated to the department for the financial year. Amendment of export notifications removed the facility to export exempted goods under bond, which affects eligibility to preserve input duty via bond clearance; affected parties must therefore consider rebate or drawback procedures and ARE documentation requirements for any claim of duty paid on inputs.</description>
    <language>en-us</language>
    <pubDate>Sat, 13 Feb 2016 10:27:52 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:56:32 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=416387" rel="self" type="application/rss+xml"/>
    <item>
      <title>Cenvat credit on exempted goods exported</title>
      <link>https://www.taxtmi.com/forum/issue?id=109873</link>
      <description>Rule 6 of the Cenvat Credit Rules offers alternatives for manufacturers of both dutiable and exempted products, including denial of credit for inputs exclusively used for exempted goods, separate inventory maintenance, payment in lieu of segregation, or formula allocation, with the chosen option communicated to the department for the financial year. Amendment of export notifications removed the facility to export exempted goods under bond, which affects eligibility to preserve input duty via bond clearance; affected parties must therefore consider rebate or drawback procedures and ARE documentation requirements for any claim of duty paid on inputs.</description>
      <category>Discussion-Forum</category>
      <law>Central Excise</law>
      <pubDate>Sat, 13 Feb 2016 10:27:52 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=109873</guid>
    </item>
  </channel>
</rss>