TMI BlogReversal of cenvat creditX X X X Extracts X X X X X X X X Extracts X X X X ..... Reversal of cenvat credit X X X X Extracts X X X X X X X X Extracts X X X X ..... rganisations 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... need to reverse the cenvat credit. Reply By Surender Gupta: The Reply: 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 reve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rse the credit. However, for other cases, you need to reverse the credit be it DMRC X X X X Extracts X X X X X X X X Extracts X X X X
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