Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

what do if goods are destroyed by fire or other means

Central Excise - Started By: - ramswaroop vyas - Dated:- 21-3-2016 Last Replied Date:- 22-3-2016 - Respected Experts, Can anybody explain the process if a fire take place and your fg and rm are destroyed. Do i have to reversed the duty or are there in other options, - Reply By KASTURI SETHI - The Reply = You will have to reverse cenvat credit involved in destroyed raw material and finished goods. You can claim insurance from the company excluding duty involved on the destroyed finished goods. Du .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version