TaxTMI 
TaxTMI 
Exempts the goods in the State of Sikkim
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....nnexure - II appended hereto, from so much of the duty of excise or additional duty of excise, as the case may be, leviable thereon under any of the said Acts as is equivalent ^3[to the duty payable on value addition undertaken in the manufacture of the said goods by the said unit] ^4[2. The duty payable on value addition shall be equivalent to the amount calculated as a percentage of the total duty payable on the said excisable goods of the description specified in column (3) of the Table below (hereinafter referred to as the said Table) and falling within the Chapter of the said First Schedule as are given in the corresponding entry in column (2) of the said Table, ^5"when manufactured starting from inputs specified in the corresponding entry in column (5) of the said Table in the same factory," at the rates specified in the corresponding entry in column (4) of the said Table: ^6TABLE S.No. Chapter of the First Schedule Description of goods Rate Description of inputs for manufacture of goods in column (3) (1) (2) (3) (4) (5) 1. 29 All goods 29 Any goods 2. 30 All goods 56 Any goods 3. 33 All goods ....
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....y the 7^th of the next month in which the duty has been paid; (b) the Assistant Commissioner of Central Excise or the Deputy Commissioner of Central Excise, as the case may be, after such verification as may be deemed necessary, shall refund the duty payable on value addition, computed in the manner as specified in paragraph 2 to the manufacturer by the 15^th of the month following the one in which the statement as at clause (a) above has been submitted. 2C Notwithstanding anything contained in sub-paragraph 2B above,- (a) the manufacturer at his own option, may take credit of the amount calculated in the manner specified in paragraph 2 in his account current, maintained in terms of the Excise Manual of Supplementary Instructions issued by the Central Board of Excise and Customs. Such amount credited in the account current may be utilized by the manufacturer for payment of duty, in the manner specified under rule 8 of the Central Excise Rules, 2004, in subsequent months, and such payment shall be deemed to be payment in cash; (b) the credit of the refund amount may be taken by the manufacturer in his account current , by the 7^th of the month follo....
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....of duty to the extent of utilisation of such irregular or excess credit. Explanation.-For the purposes of this paragraph, duty paid by utilisation of the amount credited in the account current, shall be taken as payment of duty by way other than utilisation of CENVAT credit under the CENVAT Credit Rules, 2004. 3. ^7(1) Notwithstanding anything contained in paragraph 2, the manufacturer shall have the option not to avail the rates specified in the said Table and apply to the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, having jurisdiction over the manufacturing unit of the manufacturer for fixation of a special rate representing the actual value addition in respect of any goods manufactured and cleared under this notification, if the manufacturer finds that the actual value addition in the production or manufacture of the said goods is at least 115 per cent of the rate specified in the said Table and for the said purpose, the manufacturer may make an application in writing to the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, not later than the 30^th day of Sept....
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....justments be made in the subsequent refunds admissible to the manufacturer in the month following the fixation of such special rate. (4) Where the Central Government considers it necessary so to do, it may- (a) revoke the special rate or amount of refund as determined under sub-paragraph (2) by the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, or (b) direct the Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, to withdraw the rate so fixed. Explanation : For the purpose of this paragraph, the actual value addition in respect of said goods shall be calculated on the basis of the financial records of the preceding financial year, taking into account the following: (i) Sale value of the said goods excluding excise duty, Value Added Tax and other indirect taxes, if any, paid on the goods; (ii) Less: Cost of raw materials and packing material consumed in the said goods; (iii) Less: Cost of fuel consumed if eligible for input credit under CENVAT Credit Rules, 2004; (iv) Plus: Value of said goods available as inventory in....
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....year is less than the total duty paid by him on the said goods, other than the amount paid by utilization of CENVAT credit, for the year, the differential amount, if any, shall be refunded to him subject to the condition that the total refund made to him during the year, including the aforesaid differential amount, does not exceed the total duty payable on value addition whether at the rate specified in the Table or at the special rate fixed under paragraph 3. (2) The Assistant Commissioner of Central Excise or the Deputy Commissioner of Central Excise, as the case may be, shall refund the differential amount, if any, to the manufacturer not later than the 15^th day of May in the subsequent financial year. " 5. The exemption contained in this notification shall apply only to the following kinds of units namely:- (i) new industrial units which have commenced commercial production on or after the 23rd day of December, 2002, but not later than the 31st day of March, 2007; (ii) industrial units existing before the 23rd day of December, 2002, but which have undertaken substantial expansion by way of increase in installed capacity.by not less than twenty-five per cent. ....
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....lbassey 1386, 1236, 1361, 1366, 1368 to 1370, 1000, 1259, 1561 to 1563, 677, 274, 275, 300, 325, 345, 1269 to 1272, 1301, 1303, 1326, 1414 to1416, 1426, 1444, 1716, 423, 640 to 642, 928, 930 to 934, 597, 601, 604 to 606, 650, 656, 559, 560, 1349, 1390, 1391, 1418, 816, 823, 825, 302 to 307, 543, 544, 1304, 313, 1315, 1422, 363, 575, 1025, 1026, 1030, 1031, 1209, 1467, 1468, 1478, 1479, 1511, 964 to 968, 1538, 1600, 1607, 1517, 1520 to 1522, 1524, 1530, 1813 to 1816, 671, 672, 314, 1787, 336, 1788, 1127, 1129, 1130, 1789, 275, 1241, 1801, 1098, 1126, 1337, 1398 to 1401, 1524, 1611, 766 to 768, 1049, 1050, 1058, 1061, 1705, 1706, 1794 to 1799, 661, 663, 685, 503, 505, 1701, 506, 158, 2219, 1010, 2220, 1018, 2229, 679, 700, 703, 2222, 49, 2232, 63, 2234, 69, 1409, 2236, 1057, 904, 2252, 135, 2255, 152, 2262, 1505,1722 to 1724 2 Budang 616, 649, 1006, 1657, 387, 389, 1497, 1556, 1568, 1571, 419, 445, 1496, 1504, 335, 1080, 1083, 1132, 1170, 1192, 1193, 1195, 1196, 680 to 683, 706, 878, 879, 886, 699 to 701, 703, 881, 875, 882, 884, 888 to 890, 678, 705, 1243, 1246, 1248 to 1250, 711, 960, 208, 1975, 2028, 2030, 1297, 1777, 2049, 2053 to 2055, 1888, 1889, 1891 to 1893, 2060,....
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....471, 473 to 476 6. Sipsu 1366, 1361, 1365, 1371 to 1373 7. Rahut Jhora 1352 (C) REVENUE VILAGE/ BLOCK- OMCHUNG S. No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Omchung 1, 8 to 22, 26 to 31, 34 to 37, 39 to 43, 47 to 50, 59, 64, 74, 79, 108, 116, 216 to 218, 220, 244, 245, 249, 250, 256, 257, 264, 297 to 301, 332, 336, 358, 362, 363, 368, 379, 380, 396, 398 to 400, 403 to 410, 414 to 416, 425, 431, 437, 439, 453 to 460, 470, 472, 474, 491, 495, 502, 503, 559, 560, 572, 573, 575, 576, 640, 650, 651, 556/868, 557/869, 95/992, 157/993, 149/994, 21/995, 262/997, 387/998, 388/999, 383/1239 2. Yoksum 7, 13, 20, 32 to 35, 42, 50, 52, 60 to 65, 80 to 84, 92, 97, 98, 103, 110, 112, 114, 115, 120, 151, 161, 163, 163, 127, 139, 141, 149, 167 to 171, 185, 187, 109, 192, 193, 200, 201, 203, 204, 211, 212, 219 to 222, 226 to 228, 235, 242, 243, 245 to 256, 288, 260, 263, 265, 268, 272, 278, 282 to 287, 289, 273, 295, 315, 333 to 335, 339, 370, 274, 277, 280, 304 to 307, 309, 318, 320, 323, 332, 349, 338, 347, 354, 356 to 359, 361, 362, 369, 365, 366, 380, 397 to 400, 402, 404, 405, 429, 432 to 437, 457 to 469, 471 to 475, 491, 4....
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....26 to 128, 133 to 144, 154 to 158, 146 to 152, 160 to 182, 186, 1227, 189 to 200, 244, 245, 203 to 215, 217, 221 to 225, 228 to 235, 237 to 242, 256 to 259, 276, 284 to 288, 267, 247, 249 to 254, 261 to 265, 269 to 274, 278, 279, 281, 282, 292 to 294, 297 to 306, 314 to 321, 323, 290, 308 to 310, 325 to 332, 334 to 339, 347, 364, 341, 343, 350, 353 to 359, 363, 365, 367, 368, 380, 370, 374, 376, 386, 387, 389, 344, 371, 373, 383, 384, 391, 393, 395 to 397, 401 to 403, 405 to 413, 421 to 423, 415 to 419, 425 to 427, 432, 434 to 438, 440, 442 to 448, 450, 451, 454 to 457, 462 to 465, 467 to 471, 489, 475, 473, 476, 478, 479, 481 to 483, 486, 488, 491 to 498, 500, 194/854, 502, 504, 508 to 511, 515, 517 to 522, 527, 524, 525, 528, 530, 532, 534, 536, 542, 537, 539, 540, 544, 546 to 549, 551, 553, 555, 556, 558 to 561, 563, 574, 565, 566, 569 to 572, 579 to 609, 611 to 615, 635, 626 to 628, 489/862, 639, 642, 645, 665, 681 to 683, 698, 699, 693, 694, 618, 620, 622, 632 to 634, 658 to 664, 623, 625, 637, 638, 674, 738, 729, 630, 831/874, 653, 670 to 672, 646, 666, 644, 469/861, 756/935, 805/904, 643, 684, 695, 696, 698, 641, 649, 650, 654 to 656, 668, 669, 676, 2/865, 829, 728/13, 733 t....
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...., 345, 341 to 343, 338, 333, 331, 309 to 314, 329, 307, 303, 304, 298 to 301, 324, 323, 322, 321, 319, 229 to 231, 240, 244, 247 to 249, 293, 306, 223, 220, 215, 56, 51, 227, 11, 12, 6, 5, 4 to 8 Chalam Thang 5. Tadong 284, 573, 8, 22/964, 22/265, 187, 183, 172, 197, 484, 199/701, 471, 472, 473/935, 475/926, 475/712, 476, 478, 473, 474, 475, 408, 407, 187/920, 477/711, 477/713, 176, 169, 164, 388/710, 240, 243, 2728, 227, 350, 61, 49, 27 Tadong 6. Dikling 683, 684, 697, 698, 702 to 704, 1226, 721, 757, 758, 763, 1270, 127, 802, 804, 815 to 817, 820, 822 to 824, 826, 827, 831, 844, 838, 421, 423, 424, 652, 650, 649, 646, 530, 533, 537 to 539, 544/1142, 545 627, 625, 612, 613, 608, 780, 784, 772, 740, 738, 736, 632, 639, 644, 643, 646, 649, 650, 652, 521, 544, 402, 536, 537, 905, 914, 917, 918, 937, 893 to 897, 888, 882, 884, 506, 828, 680, 838 Dikling 7. Aho 382, 379, 380, 387, 425 to 427, 375 to 378, 371, 428, 444, 445, 447, 370, 369, 366, 506, 516, 517, 522, 451, 452, 465, 467, 473 to 475, 527 to 529, 663, 665, 667 to 671, 673, 750, 475, 968, 477, 476, 813, 814, 811, 816 to 818, 821, 839 to 841, 835 to 837, 478, 969, 486 to 489, 491, 495, 494, 4....
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....72, 174, 176, 135/447, 105, 121, 20/643, 324/446, 325/447, 388/460, 20/463, 307, 368/444, 305, 323/445, 319/448, 356, 342/449, 323/451, 360/349, 367/453, 367/454, 195, 198, 196, 324/455, 435, 79, 341/459, 20/442, 432, 435, 433, 443/470, 204/480, 960, 31/482, 31/483, 224, 225, 224/469, 225/470, 205/468, 259/458, 323/484, 324/485, 325/485, 368/491, 228/478, 306/492, 323/493, 24/494, 23, 23/495, 364/467, 247/496, 442/497, 377/499, 376/600, 435/500, 435/501, 264/506, 225/507, 205/508, 506/509, 224/510, 255/511, 255/512, 255/646, 255/513, 20/514, 524/516, 525/517, 124/518, 306/519, 10/521, 205/468, 225/522, 224/523, 345/524, 20/525, 255/526, 309/533, 7/527, 8/528, 39/529, 40/530, 261/531, 266/532, 358/534, 28/536, 28/774, 28/537, 28/538, 28/540, 478/542, 187/543, 187/544, 189/545, 231, 408, 230/546, 232/547, 224/548, 13, 187/549, 187/630, 255/550, 187/557, 189/552, 271, 272/553, 249/554, 31/556, 267/555, 412, 20/558, 443/560, 224/561, 249/557, 252/645, 251/562, 435/740, 319/563, 318/564, 471/565, 269, 899, 187/566, 189/567, 187/568, 189/569, 224/570, 435/571, 435/572, 435/504, 435/573, 435/574, 435/575, 35/574, 415/578, 187/579, 187/580, 187/581, 81/582, 75/603, 3, 4/585, 364/586, 203/5....
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....00, 238, 234, 901, 901(A), 902, 265, 903, 904, 905, 906, 907, 911, 912, 913, 914, 908, 909, 910, 20/459, 922, 924, 925, 323/759, 921, 187/544, 189/545, 921, 926, 927, 928, 929, 930, 931, 932, 933, 934, 935, 936, 939, 940, 941, 942, 943, 398, 399, 944, 332/789, 273, 274, 276, 945, 946, 947, 948, 442/559, 949, 950, 951, 952, 953, 954, 594(A), 309, 310, 311, 312, 313, 955, 341/577, 206/768, 956, 958, 959, 961, 962, 210, 963, 183, 965, 967, 968 (B) REVENUE VILAGE/ BLOCK- NANDU GAON S. No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Nandu Gaon 596, 597, 598, 599, 308, 309, 356, 353, 318, 319, 502, 515, 558, 581, 582, 601, 547, 322, 323, 314, 527, 478, 489, 562, 575, 487, 488, 489, 524, 525, 564, 482, 327, 563, 941, 341, 566, 569, 574, 324, 326, 526, 602, 603, 492, 549, 550, 551, 552, 553, 554, 556, 590, 591, 592, 567, 570, 342, 483, 484, 486, 561, 565, 469, 472, 473, 320, 321, 325, 506, 507, 467, 474, 348, 312, 316, 346, 579, 560, 573, 577, 315, 557, 475, 476, 338, 339, 499, 516, 490, 491, 559, 593, 336, 337, 509, 510, 512, 513, 465, 466, 533, 534, 535, 536, 537, 477, 520, 571, 572, 578, 343, 344, 480, 478/770, 536/774, 340, 943, 478, 477/775, 547....
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....65, 49/576, 49/577, 49/578, 48/577, 49/580, 49/581, 151/582, 39/583, 47/584, 49/585, 117/586, 117/587, 232/588, 232/594, 232/633, 47/589, 14/590, 528/591, 58/592, 58/593, 103/595, 49/596, 103/607, 523/597, 523/598, 103/599, 148/600, 148/601, 14/602, 235, 536/604, 103/605, 10/606, 10/643, 104/555, 46/608, 49/609, 102/613, 102/614, 402, 404, 406/610, 406/611, 416/613, 418, 418/519, 419, 420, 44, 47/615, 322/616, 406/795, 47/617, 47/618, 47/619, 47/620, 273/621, 275/622, 14/628, 17/560, 17/629, 17/630, 22/631, 103/632, 291, 103/634, 47/635, 82/637, 83/638, 154/637, 155/640, 66/641, 84/642, 197/944, 124, 197/649, 192, 521/645, 525/646, 17/560, 71/647, 46/648, 95, 197/650, 202/789, 49/541, 151/651, 151/751, 151/777, 907, 47/652, 47/653, 49/523, 463, 462/654, 464/655, 465/656, 487, 460, 461, 642/657, 487/658, 494, 487/659, 370/661, 47/662, 167/663, 47/664, 47/543, 71/667, 73, 97, 71/668, 72/669, 71/670, 846, 841, 71/671, 71/674, 67, 842, 75/675, 151/677, 103/603, 103/626, 107/627, 107, 107/509, 109/510, 47/678, 46/679, 119/623, 119/80, 119/681, 197/697, 197/698, 197/699, 202/625, 202/704, 202/705, 202/706, 197/700, 197/701, 119/682, 119/683, 191/687, 119/684, 191/688, 191/689, 119/685, 1....
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....to 127, 158, 159, 41, 41/164, 46, 79, 80, 74/219, 89, 74/220, 160, 118, 119, 121, 63, 64, 36, 136, 140 to 142, 74, 74/221, 145, 80/222, 148, 149, 1to 4, 130/214, 42, 51, 52, 13 to 16, 82, 108, 111, 117, 120, 123, 129 to 131, 23, 24, 26 to 28, 30, 37, 44, 44, 56, 6 to 8, 10, 103/180, 138, 139, 57, 66, 31, 32, 143, 144, 155, 156, 65, 67, 38, 110, 133, 135, 122, 123, 62, 70, 71, 147, 70/190, 161, 34, 39, 54, 78, 103, 105, 130/166, 131/165, 150, 132/167, 131/165, 150, 132/167, 103/168, 120/169, 33, 83 to 102, 120/170, 103/171, 103/172, 103/173, 105/174, 103/175, 136/179, 103/177, 38/178, 136/179, 136/181, 137/182, 136/183, 136/184, 137, 105/186, 105/187, 131/188, 136/180, 136/185, 137/235, 112, 62/191, 70/192, 71/193, 120/194, 103/195, 132, 130/208, 242, 105/196, 136/197, 120/198, 120/199, 120/200, 132/201, 132/202, 97/204, 122/205, 130/106, 131/207, 117, 246, 97/210, 111/218, 132/203, 130/211, 136/212, 105/213, 130/215, 130/216, 130/217, 74/223, 145/224, 80/225, 74/226, 74/227, 80/228, 80/229, 122/132, 122/131, 35, 59, 108/232, 108/233, 111/234, 236 to 241, 17, 21, 243 to 245, 247 to 276, 19, 82/209, (F) REVENUE VILAGE/ BLOCK- CHISOPANI S. No. Name of the Industrial Area K....
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....75, 476, 478, 479, 481 to 486, 488, 489, 496 to 499, 501 to 507, 509, 510, 512, 513, 515, 517 to 520, 522, 524 to 526, 528, 529, 571, 715, 716, 719, 138/586, 496/588, 54/587, 31, 44, 46, 85, 86, 133, 177, 205 to 207, 227, 228, 239, 282, 283, 287, 291, 295, 302, 304 (H) REVENUE VILAGE/ BLOCK- MANPUR S. No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Manpur 320 to 328, 330, 332, 334 to 339, 342, 343, 344, 345, 347, 348, 340/381, 335/370, 355/371, 358, 359, 375, 391 to 393, 533, 328, 348, 339, 340/381, 334, 335, 320, 326, 327, 330, 332, 321, 322, 323, 324, 338, 342, 343, 344, 345, 347, 335/370, 355/371, 359, 336/371, 358, 321/362, 323/362, 324, 325, 335/364, 336/365, 342/366, 391, 336, 337, 392, 393, (I) REVENUE VILAGE/ BLOCK- MAJHITAR S. No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Majhitar 535, 537, 538, 540, 544, 546, 548, 549, 551, 553, 554, 555, 557, 558, 559, 564, 566, 567, 568, 579 to 581, 583, 549/589 (J) REVENUE VILAGE/ BLOCK- JORETHANG/SALGHARI/MAJHIGAON/DARA GAON S. No. Name of the Industrial Area Khasra No. (1) (2) (3) 1. Sal Ghari 827, 731, 713, 812, 87/850, 59....
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....66, 1342, 611/948, 1326, 1267, 617, 1270, 1271, 1269, 1272, 1276, 1277, 1279, 1278, 1280, 1281, 1282, 1284, 1382, 1285, 1286, 1287, 1288, 1289, 1290, 1291, 1292, 1293, 1294, 1295, 1297, 1300, 1358, 1361, 1362, 231/925, 1370 2. Majhi Gaon 16, 13, 507, 38, 40, 88, 90, 91, 63, 64, 115, 45, 96, 807, 83/1063, 67, 46/887, 83/994, 29, 60, 76, 81/1036, 53, 113, 112/1100, 58, 66, 68, 83, 89, 50, 59, 102, 72, 99, 100, 101, 108, 795, 799, 802, 803, 805, 806, 110, 111, 112, 116, 786, 787, 81, 786/844, 85, 104, 89, 44, 56, 57, 93, 95, 30, 18, 52, 55, 56, 61, 808, 36, 74, 75, 114, 39, 3877, 47, 25, 782, 783, 24, 27, 28, 32, 33, 37, 786/845, 19, 15, 773, 121, 774, 778, 789, 779, 777, 31, 2363, 109, 42, 85/1206, 35/861, 87, 1381, 717/853, 812/848, 775, 24/866, 35/867, 812/868, 812/969, 83/869, 83/929, 83/994, 83/870, 78, 79, 780/871, 35/876, 39/884, 37/886, 696/890, 26, 94, 717/1106, 87/875, 87/1031, 812/877, 35/888, 103, 35/893, 87/935, 87/1080, 83/941, 786/943, 44/944, 46/945, 780/946, 118, 786/947, 786/951, 27/1166, 35/963, 71, 70, 350/966, 35/1197, 786/967, 83/968, 55/837, 73, 781/971, 106, 771/973, 53/982, 786/977(a), 107, 107/980, 34/981, 35/980, 32/1068, 53/983, 35/987, 812/1006, 8....
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....847, 1871, 1874, 1689, 1526, Lachen 4. Yakthang/ Lachen 946, 933, 942, 934, 947, 945, 943, 941, 932, 934, 929, 927, Yakthang/ Lachen 5. Chungthang 675, 674, 671, 670, 608, 609, 659, 612, 613, 624, 627, 574, 573, 572, 558, 559, 549, Chungthang 6. Shingring, Lachung 426, 356, 369, 371, 422, 372, 373, 417, 3359, 386, 391, 464, 467, 590, 570, 421, 418, 414, 413, 412, 411, 463, 468, 460, 457, 466, 430, 432, 499, 510, 434, 433, 436, 451, 450, 471, 472, 452, 455, 446, Shingring, Lachung 7. Yakchey, Lachung 935, 934, 938, 946, 932, 947, 948, 949, 950, 951, 956, 958, 966, 961, 960, 984, 983, 982, 980, 981, 979, 978, 973, 972, 971, Yakchey, Lachung 8. Sharchok, Lachung 116, 1260, 1474, 1472, 1471, 1123, 1134, 1155, 1156, 1125, 1113, 1107, 1109, 1555, 1156, 1561, 1560, Sharchok, Lachung 9. Bichu, Lachung 297, 296, 260, 293, 290, 272, 271, 274, 174, 150, 157, 176, 140, 155, 143, 205, 244, 241 Bichu, Lachung 10. Thangu/ Lachen 549, 547, 414, 526, 514, 517 [F.No. 356/56/2001-TRU] ( G. S. Karki) Under Secretary to the Government of India ********************************** Notes: ....
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....nt of duty paid less the amount of the CENVAT Credit availed of, in respect of the duty paid on the inputs used in or in relation to the manufacture of goods cleared under this notification. (c) If there is likely to be any delay in the verification, the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, shall refund the amount on provisional basis by the 15th day of the next month to the month under consideration, and thereafter may adjust the amount of refund by such amount as may be necessary in the subsequent refunds admissible to the manufacturer. 4. Notwithstanding anything contained in paragraph 2,- (a) the manufacturer at his own option, may take credit of the amount of duty paid during the month under consideration, other than by way of utilisation of CENVAT credit under the CENVAT Credit Rules, 2002, in his account current, maintained in terms of Part V of the Excise Manual of Supplementary Instruction issued by the Central Board of Excise and Customs. Such amount credited in the account current may be utilised by the manufacturer for payment of duty in the manner specified under rule 8 of the Central Excise....
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.... to take credit of the balance amount. (f) in case the manufacturer fails to comply with the provisions of clauses (a) to (e), he shall forfeit the option, to take credit of the amount of duty during the month under consideration, other than by way of utilisation of CENVAT credit under the CENVAT Credit Rules, 2002, in his account current on his own, as provided for in clauses (a) and (c). (g) the amount of the credit availed irregularly or availed of in excess of the amount determined correctly refundable under clause (e) and not reversed by the manufacturer within the period specified in that clause, shall be recoverable as if it is a recovery of duty of excise erroneously refunded. In case such irregular or excess credit is utilised for payment of excise duty on clearances of excisable goods, the said goods shall be considered to have been cleared without payment of duty to the extent of utilisation of such irregular or excess credit. Explanation.-For the purposes of this notification, duty paid, by utilisation of the amount credited in the account current, shall be taken as payment of duty by way other than utilisation of CENVAT credit under the CENVAT Credit Rules, 20....