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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Cenvat Credit - Removal of Capital Goods removed – Rule 3(5) of ...

Central Excise

September 7, 2013

Cenvat Credit - Removal of Capital Goods removed – Rule 3(5) of the CENVAT CREDIT Rules, 2004 – the manufacturer shall pay the amount equal to Cenvat Credit taken on the said capital goods reduced by 2.5% for each quarter of year or part thereof from the date of taking the Cenvat Credit - AT

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