TMI BlogEligibility of Notification No.067/95 or Exemption of Intermidiate Goods Used for Supply of Goods under Notification No.12/2012 Against ICBX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear All, We are supplying of Goods which was exempted under notification No.12/2012 against ICB . For this supply is their any duty liabilities comes for intermediate goods used for the Exempted Goods or are we eligible for exemption under notification no.067/1995. Thanks Regards, Chetan Pawar - Reply By Rajagopalan Ranganathan - The Reply = Sir, The first proviso to Notif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ication No. 67/95-CE dated 16.3.95 states that Provided that nothing contained in this notification shall apply to inputs used in or in relation to the manufacture of final products which are exempt from the whole of the duty of excise or additional duty of excise leviable thereon or are chargeable to nil rate of duty. Therefore since your final product cleared is exempted you have to pay ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duty on the intermediate product. - Reply By Chetan Pawar - The Reply = Sir, We are using finish Goods in other FG as intermediate not a input. Which FG we are using, the same is Exempted and which we have prepared is also exempted. so in that case duty liabilities is come or not? - Reply By shahid hashmi - The Reply = Sir, Please go through the Tribunal decision in the Case of M/s. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ermo Cables Ltd. Vs CCE, 2013 (292) ELT 412 = 2012 (12) TMI 942 - CESTAT BANGALORE and M/s. Bharat Aluminium Ltd. Vs CCE, 2014 VIL 72 CESTAT DEL CE. on similar issue. - Reply By BHEL . - The Reply = Proviso of Notification No. 67/1995 is not applicable where the goods are cleared by a manufacturer of dutiable and exempted final products, after discharging the obligation prescr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ibed in Rule 6 of the CENVAT Credit Rules. Further, as per Rule 6(6)(vii) of CCR , Rule 6(1) to (4) is not applicable if the goods are supplied to ICB project. Accordingly manufacturer may take cenvat credit of Excise duty paid on inputs used for goods cleared against ICB projects. Hence, Excise duty Exemption under Notification No. 67/1995 shall be available on intermediate goods used f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or exempted Final goods supplied against ICB project. - Eligibility of Notification No.067/95 or Exemption of Intermidiate Goods Used for Supply of Goods under Notification No.12/2012 Against ICB - Query Started By: - Chetan Pawar Dated:- 7-7-2015 Central Excise - Got 4 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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