Will someone give his valuable suggestion on the following:
Is there any provision in Excise law where excisable goods can be removed without payment of duty if one opts for the option of not availing Cenvat on Input products.Please quote the section if possible.
18 January 2010
I understand that the excisable goods are being removed to a destination within India after carrying out a manufacturing process.
If my understanding is correct, the excisable goods cannot be removed without payment of duty solely on the basis that the Cenvat credit has not been availed. However, the excisable goods can be removed without payment of duty by availing an exemption such as deemed export etc.