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Central Excise - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

CENVAT credit - destruction of raw materials and semi-finished ...

Central Excise

June 7, 2017

CENVAT credit - destruction of raw materials and semi-finished goods by fire - the input or semi-finished goods did not reach the stage of finished goods and the input/semi-finished goods destroyed - the provision of reversal of CENVAT Credit, which is with reference to Rule 21 in respect of finished goods is not applicable. - AT

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