https://www.taxtmi.com/article/detailed?id=6784 Infrastructure cess is a non-cenvatable additional excise-style levy retained by the Union to finance infrastructure, with specified exemptions (ambulances, taxis, electric, hybrid, three wheelers, vehicles for physically handicapped, hydrogen vehicles) and graduated rates by vehicle size and engine capacity. Manufacturers claiming post clearance registration exemptions must pay the scheduled cess, record excess payments in the Account Current and file refund claims within six months with supporting payment/refund evidence. The cess increases consumer prices and lacks cenvat credit, affecting demand for larger vehicles and SUVs. en-us Mon, 18 Apr 2016 08:03:50 +0530 Mon, 18 Apr 2016 08:03:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6784 Infrastructure cess is a non-cenvatable additional excise-style levy retained by the Union to finance infrastructure, with specified exemptions (ambulances, taxis, electric, hybrid, three wheelers, vehicles for physically handicapped, hydrogen vehicles) and graduated rates by vehicle size and engine capacity. Manufacturers claiming post clearance registration exemptions must pay the scheduled cess, record excess payments in the Account Current and file refund claims within six months with supporting payment/refund evidence. The cess increases consumer prices and lacks cenvat credit, affecting demand for larger vehicles and SUVs. Articles Service Tax Mon, 18 Apr 2016 08:03:50 +0530 https://www.taxtmi.com/article/detailed?id=6784