Sauce

This query is : Resolved

Rajkumar Gutti (Querist)
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23 January 2016 WE ARE MANUFACTURING SAUCE UNDER TARIFF NO.210390390 & TAKING ABATEMENT
35% AS PER NOTIFICATION NO.11/2011 & CHARGE EXCISE DUTY 2% AS PER NOTIFICATION NO.1/2011.
IN YOUR PREVIOUS REPLY YOU SAID THAT WE ARE ALSO CONCERN WITH NOTIFICATION NO.1/2011.& ABATEMENT IS NOT ALLOWABLE .BUT WE ARE PUZZLING BECAUSE NOTIFICATION NO.11/2011,ALSO MENTIONED 35% ABATEMENT ON SAUCE.

YOU ARE REQUESTED TO GUIDE WHY WE ARE NOT ABLE FOR TAKING BOTH ABATEMENT & CHARGING CONCESSIONAL DUTY 2%.

YOU ARE AGAIN REQUESTED TO CLARIFY PLEASE.

THANKING YOU,

REGARDS

RAJKUMAR GUTTI

Rajkumar Gutti

Rajkumar Gutti (Querist)
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23 January 2016 Sir please give me guidance

ANIL JANGID

ANIL JANGID (Expert)
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27 January 2016 Benefits under both the Notifications are available.

Both the notifications are different in the manner that 11/2011-CE (NT) provides for abatement% from the MRP for the purpose of Valuation i.e. arriving at Assessable Value for levy of Excise Duty, whereas Notification No. 01/2011 CE provides for Duty Rate on exempted goods without availing the CENVAT facility.

11/2011-CE (NT) : Meant for Valuation of Goods for levy of Excise.

01/2011- CE : prescribes the Excise Duty Rate % to be charged with condition of non-availment of CENVA

Rajkumar Gutti

Rajkumar Gutti (Querist)
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27 January 2016 VERY,VERY THANKFUL FOR GIVING GUIDANCE.

REGARDS
RAJKUMAR GUTTI

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