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Central Excise - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Cenvata Credit - Once the credit of inputs used in exempted ...


Reversing input credit negates need to reverse 8% or 10% value u/r 57 AH/Cenvat Credit Rules.

March 25, 2017

Case Laws     Central Excise     AT

Cenvata Credit - Once the credit of inputs used in exempted goods stands reversed, the demand for reversal of 8%/10% amount of value of exempted goods in terms of Rule 57 AH or Rule 6 of CCR does not sustain. - AT

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