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Central Excise - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Issue of reversal of credit arises only when the final product ...


Reversal of Input Credit Not Required for Semi-Finished Goods Lost in Flood.

June 27, 2014

Case Laws     Central Excise     AT

Issue of reversal of credit arises only when the final product destroyed in fire - in this case the goods are in semi-finished condition lost in flood - appellants are not required to reverse input credit - AT

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