TMI BlogCENVAT credit - trading activity versus removal of inputs as such - If the clearances of inputs as such...CENVAT credit - trading activity versus removal of inputs as such - If the clearances of inputs as such is allowed under the provisions of Rule 3 of the CENVAT Credit Rules subject to the condition mentioned therein, the clearances effected by the respondent of the excess raw materials procured cannot be termed as trading activity. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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