Cenvat Credit - Clarification on some important issues related to the ceramic tile industry -reg.

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..... Subject: Clarification on some important issues related to the ceramic tile industry -reg. Attention is invited to Notification No. 05/2006-CE dated 01.03.06 which stipulates that Central Excise duty at 8% will be charged on Ceramic tiles manufactured in a factory not using electricity for firing the kiln on the condition that "if no credit of the duty paid on the inputs used in or in re .....

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..... ve stones for the purpose of availing Cenvat Credit. It may be recalled that till the operation of 6 digit CET, Abrasive stones were classifiable under 680110 and was covered under the definition of capital goods as per Rule 2(a)(A)(i) of CENVAT Credit Rules, 2004 . However, after the introduction of 8 digits CET, with effect from 28.02.2005, abrasive stones were classified under 6805. Therefor .....

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..... tion from 6 digit to 8 digit CET. Under the said notification, Central Excise (Removal of Difficulties) Rules, 2005 have been notified. The said Rules provides that the reference to erstwhile chapter, headings, sub-heading or tariff item under 6 digit CET shall be deemed to have been substituted by the corresponding new chapter, headings, sub-heading or tariff item under the 8 digit CET in any o .....

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