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Purchase return to to SSI

Purchase return to to SSI - Central Excise - Started By: - Pradeep Jain - Dated:- 3-9-2015 Last Replied Date:- 4-9-2015 - Dear Sir,We are registered under Central Excise and getting same inputs from companies registered under central excise and SSI unit also , who are availing SSI Excise Exemption and no ED is charged by SSI . Further we do not maintain separate account for duty paid goods and goods supplied by SSI without charging ED.At the time of purchase return of inputs we are doing reversa .....

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nputs.There is no one-to-one co-relation. No doubt there isa judgement of Hon'ble Supreme Court that if Credit reversed before utilization, it means credit not taken.This judgement becomes irrelevant in view of latest amended Cenvat Credit Rules. - Reply By Rajagopalan Ranganathan - The Reply = Sir, The method adopted by you is the correct one. - Reply By JSW CEMENT LIMITED - The Reply = I do not agree with the views expressed by Mr. Kasturi as because the provisions of the Cenvat Credit rul .....

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