Reversal of CENVAT Credit on inputs return as such

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..... Dear Sir, Rate of Excise Duty has been changed w.e.f. 01.03.15 . ED now is 12.5% in place of 12% and Edu. Cess and SHE Cess has no more. Now in case of return of goods as such to supplier Exc .....

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..... ise duty is payable equal to CENVAT Credit taken , now in this case at what rate the amount of CENVAT credit would be reversed. Regards Pradeep Jain - Reply By MUKUND THAKKAR - The Reply = Dear .....

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..... pradeep, When you cleared INPUT AS SUCH. you should reversed an amount equal to the Cenvat credit taken. you are not paying any duty. just reversed amount . please add 2% and 1% as and .....

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..... when cleared as such. - Reply By Naveed S - The Reply = Sir, Till any clarification is provided, you can reverse whatever u feel is appropriate. I agree with above views, as duty is not paid, BU .....

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..... T only CENVAT credit availed is being reversed. - Reversal of CENVAT Credit on inputs return as such - Query Started By: - Pradeep Jain Dated:- 9-3-2015 Central Excise - Got 2 Replies - Central Exci .....

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..... se - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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