SSI Exemption Scheme from Excise Duty Effective April 2001; Conditions on Cenvat Credit and Brand Restrictions Explained

The notification outlines an exemption scheme effective from April 1, 2001, for small-scale industries (SSI) not availing Cenvat credit, under the Central Excise Act, 1944. It supersedes a previous notification from March 1, 2000. The scheme exempts certain excisable goods from excise duties, with conditions including a cap on the aggregate value of clearances and restrictions on availing Cenvat credit. Manufacturers can opt out of the exemption to pay normal duties, but must declare this choice. Specific goods and conditions are detailed, including exemptions for goods with certain brand names or manufactured in rural areas. The notification was later superseded by another on March 1, 2002.

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