Reversal of cenvat credit, Central Excise

[Pawan Sharma]

We are supplying goods to many organisations without payment of excise duty under exemption certificates and reversing the cenvat credit @10% of value of goods.Pls clarify that in case of supply to DMRC (Delhi Metro rail corpn)do we need to reverse the cenvat credit.

Posts / Replies

[Surender Gupta]

If you are supplied goods for the purpose of export or for the purpose mentioned in rule 6 of CC rules, you do not need to reverse the credit. However, for other cases, you need to reverse the credit be it DMRC