27 November 2013
If I am manufacturer of Utensils. Raw material used for it is SS PATTA-PATTI. On the utensils duty aaplicable is 6%. And input credit available at 12% on SS PATTA-PATTI.
In this case i will never Liable to pay duty. Whether this is appropriate or any circular/notification against this?
12 December 2013
Notification No. 34/2001-CE(NT) dated 28.06.2001 makes special provisions in respect of manufacturers of stainless steel pattis/pattas and aluminium circles. See also chapter 12 part 1 of CBE&C's CE manual, 2001 of supplementary instructions.
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