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Reversal of Cenvat credit

Central Excise - Started By: - Pushkar Gupta - Dated:- 26-4-2016 Last Replied Date:- 27-4-2016 - Dear Sir It has been sold Goods electrical equipment under mega power project without excise duty, customer has given certificate under Notification 12/2012 central excise SL 339 as amended 34/2012 for excise duty exemption. Following are my queries. 1. Is it required to reversed Cenvat credit under Rule 6. 2. If yes how to intimate Central excise Deptt when we have already filled excise return. Sinc .....

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nd some problem in filing revised return, you may show the amount reversed in ER-1 return for April, 16. Show interest paid in the column for arrears. - Reply By Pushkar Gupta - The Reply = Dear Sir When Goods has been sold under notification 12/2012 under Sl 339 without excise duty to Ultra Mega Power under Project Authority Certificate- PAC certifies by Ministry of Power. Is it is required to reverse cenvat credit 5% in case supply of goods to Ultra Mega Power Project. Please suggest on above .....

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