TMI BlogCENVAT Credit Reversal Denied for Rejected Inputs: Utilized in Manufacturing, Credit Remains Valid.Reversal of CENVAT credit - inputs written off - The credit on inputs, which are rejected during the course of manufacture (line rejections) cannot be denied as they are already put in the process of manufacture is already held in many cases earlier. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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