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removal as such-invoicing

Central Excise - Started By: - Dalia Felix - Dated:- 25-6-2015 Last Replied Date:- 29-6-2015 - Is it possible to adopt 'removal as such' when the transaction value is more compared to the purchase price for the inputs? What are the precautions to be taken and how the invoicing is to be done? - Reply By Rajagopalan Ranganathan - The Reply = Madam/Sir, As per Rule 3 (4) (b) of CENVAT Credit Rules, 2004 the CENVAT credit may be utilized for payment of an amount equal to CENVAT credit taken .....

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