<?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>Charging duty on exempted Goods</title>
    <link>https://www.taxtmi.com/forum/issue?id=110625</link>
    <description>If the final product is unconditionally exempt, credit of duty paid on inputs used in its manufacture is not allowable; where such inputs are used to produce exempt goods the manufacturer must reverse the benefit by paying the amount provided under the credit reversal mechanism, and if inputs are used exclusively for exempt manufacture the entire credit is ineligible and must be repaid.</description>
    <language>en-us</language>
    <pubDate>Tue, 12 Jul 2016 11:56:10 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:56:18 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=434708" rel="self" type="application/rss+xml"/>
    <item>
      <title>Charging duty on exempted Goods</title>
      <link>https://www.taxtmi.com/forum/issue?id=110625</link>
      <description>If the final product is unconditionally exempt, credit of duty paid on inputs used in its manufacture is not allowable; where such inputs are used to produce exempt goods the manufacturer must reverse the benefit by paying the amount provided under the credit reversal mechanism, and if inputs are used exclusively for exempt manufacture the entire credit is ineligible and must be repaid.</description>
      <category>Discussion-Forum</category>
      <law>Central Excise</law>
      <pubDate>Tue, 12 Jul 2016 11:56:10 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=110625</guid>
    </item>
  </channel>
</rss>