Compounded levy scheme under excise
Querist : Anonymous
Please help me understand the concept of excise duty charged under comound levy scheme.
My client is a 'chewing tobacco manufacturer'.
In his books , he has NOT claimed excise duty paid on input goods as well as the service tax paid on input services within the meaning of input services as defined under Cenvat Credit Rules.
Please explain the scenario.
Thanks.
Querist : Anonymous
Thanks for helping. Please, if possible, mention any provision as under the concerned act/rule/notification.
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