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Central Excise - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Reversal of Cenvat Credit - Rule 6 is not enacted to extract ...


Rule 6 Cenvat Credit: Ensures Compliance by Restricting Credit on Inputs for Exempt Goods or Services. No Unjust Claims.

August 1, 2015

Case Laws     Central Excise     AT

Reversal of Cenvat Credit - Rule 6 is not enacted to extract illegal amount from the assessee. The main objective of the Rule 6 is to ensure that the assessee should not avail the Cenvat Credit in respect of input or input services which are used in or in relation to the manufacture of the exempted goods or for exempted services. - AT

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