https://www.taxtmi.com/article/detailed?id=6747 The Budget 2016-17 imposes an Infrastructure Cess on motor vehicles (heading 8703) with graded rates effective 1 March 2016, prescribes unconditional exemptions for ambulances, electric, hybrid, three wheelers and hydrogen vehicles, and conditional exemptions (refund mechanism) for vehicles registered as ambulances or taxis and for cars for physically handicapped persons subject to specified certifications and affidavits. A Notification amending Cenvat Credit Rules makes the cess non cenvatable by prohibiting use of cenvat credit for its payment, thereby requiring cash payment. en-us Thu, 17 Mar 2016 10:01:18 +0530 Thu, 17 Mar 2016 10:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6747 The Budget 2016-17 imposes an Infrastructure Cess on motor vehicles (heading 8703) with graded rates effective 1 March 2016, prescribes unconditional exemptions for ambulances, electric, hybrid, three wheelers and hydrogen vehicles, and conditional exemptions (refund mechanism) for vehicles registered as ambulances or taxis and for cars for physically handicapped persons subject to specified certifications and affidavits. A Notification amending Cenvat Credit Rules makes the cess non cenvatable by prohibiting use of cenvat credit for its payment, thereby requiring cash payment. Articles Central Excise Thu, 17 Mar 2016 10:01:18 +0530 https://www.taxtmi.com/article/detailed?id=6747