TaxTMI 
TaxTMI 
Effective rate of duty of 1% on specified goods
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....ffective rate of duty of 1% on specified goods<br> Query (Issue) Started By: - arun aggarwal Dated:- 30-3-2017 Last Reply Date:- 31-3-2017 Central Excise<br>Got 4 Replies<br>Central Excise<br>Sir I h....
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....ave a unit in Delhi as a jewellery manufacturer, I am taking cenvat of 9.35% on the gold bar and paying 12.5% excise duty on the jewellery tarriff 7113 . In the same unit can I purchase Gold bar and w....
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....ithout taking cenvat charge 1% excise duty on jewellery . means I pay the duty on purchase to purchase basis 1% where no cenvat taken and 12.5% where I have taken the cenvat and make seperate accounts....
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..... Or I have to stick to one option of taking cenvat or no cenvat in the whole year. Reply By Himansu Sha: The Reply: It appears notf. No. 12/12 CE has put any precondition of only one option of rate....
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.... of duty during clearances. Reply By KASTURI SETHI: The Reply: No hybrid procedure is allowed. Agreed with Sh. Himanshu Sha, an expert. Reply By arun aggarwal: The Reply: Sir, Tnx for your reply.....
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.... Further I belive that it has nothing to do with [Notification No. 44/97-C.E. (N.T.), dated 30-8-1997] Tnx for your reply in advance arun Reply By KASTURI SETHI: The Reply: Notification No.44/97-....
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....CE(NT) pertains to compounded levy scheme and has nothing to do with Notification No.12/12-CE. I fail to understand why this question/point arose. However, any doubt, you may ask further.<br> Discussi....
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