TMI BlogRefund of unutilized credit of Additional duty of excise (T&TA) and its admissibility under Rule 5 of CENVAT Credit Rules by application of Board Circular No.701/17/2003-CX dated 12.3.2003X X X X Extracts X X X X X X X X Extracts X X X X ..... les by application of Board Circular No.701/17/2003-CX dated 12.3.2003 F.No.267/11/2003-CX-8 Government of India Ministry of Finance Department of Revenue Central Board of Excise Customs *** New Delhi dated 22nd March, 2007 To Chief Commissioners of Customs and Central Excise (All) Chief Commissioners of Central Excise (All) Commissioners of Customs and Central ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that in terms of the CENVAT Credit Rules, 2002, and the subsequent rules notified in 2004, CENVAT Credit of specified duty paid on inputs is admissible provided they are used in the manufacture of excisable goods other than exempted goods. Exempted goods are defined as goods which are exempted from the whole of duty of excise leviable thereon and include goods which are chargeable to Nil rate of d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the CENVAT Credit Rules, 2004 on export of goods. Accordingly, it is clarified that clarification issued for the refund of AED (GSI) under rule 5 of the CENVAT Credit Rules, 2002 vide Board's Circular No. 701/17/2003-CX, dated 12.03.2003, will be applicable to AED (T TA) subject to the conditions and limitations as prescribed under the said rules. 3. The field formations may be instructed sui ..... X X X X Extracts X X X X X X X X Extracts X X X X
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