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rule 6 sub-rule (3) clause (ii)

Central Excise - Started By: - mukesh pareek - Dated:- 17-5-2016 Last Replied Date:- 1-8-2016 - Dear Experts,A Manufacturer of dutiable and exempted products maintaining separate accounts for input material and taking Cenvat credit accordingly but he can''t maintain separate account for input service.Manufacturer want's to follow so can anyone explain this simply ( Do not copy as mention in manual because i can't understand)Someone said me that if your last year ration is 85 : 15 .....

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The Reply = Sir Q.1: Rule 6 (30 (ii) of Cenvat Credit rules, 2004 mandates to pay an amount as determined under sub-rule (3A). Whether you like the provisions of rule 3A or not you have to follow it. Q.2: Reversing the credit od input services used in exempted goodsiservices in the ratio indicated by you have no legal sanction. Even if you do so department will not accept it on the ground that it is beyond the scope of Cenvat Credit rules, 2004 and you have to undergo unnecessary and fruitless l .....

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