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Central Excise - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

CENVAT credit - trading activity versus removal of inputs as ...

Central Excise

August 29, 2018

CENVAT credit - trading activity versus removal of inputs as such - If the clearances of inputs as such is allowed under the provisions of Rule 3 of the CENVAT Credit Rules subject to the condition mentioned therein, the clearances effected by the respondent of the excess raw materials procured cannot be termed as trading activity.

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