Notification No.12/2014- Central Excise, Central Excise

[duraiswamy balasundaram]

One of my client selling Gear Box parts for Wind Mill manufacturer as Per Exemption Notification No,.12/2014 - Central Excise.It is comming Under List 8 Serial No.332. My question is what is tarrff No for the above items.It is comming under Nil rate Duty. Whether we have to pay 6 % Duty for the above turnover and in which column we have to Debit the 6% amount . Whether we have to debit Credit Utilized for the other Payment or Rule 6(3) kindly clarify the same

Thanking You

D.balasundaram

Posts / Replies

[KASTURI SETHI]

Sh. D.balasundaram Ji,

In my view, it falls under Chapter/Heading No.8483 40 00 and it is exempted under Notification No.12/12-CE dated 17.3.12 as amended vide Notification 12/14-CE dated 11.7.14 as it is clearly covered under List No.8 Serial No 332 of above Notifications.