Tuesday 29 December 2015

No denial of exemption on intermediate goods if exempted final product cleared as per Rule 6 of CCR

Excise & Customs: Where assessee is engaged in manufacture of both dutiable and exempted final products and exempted final product is cleared on payment under rule 6 of CENVAT Credit Rules, exemption under Notification 67/95-CE cannot be denied in respect of intermediate goods

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