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Central Excise - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Reversal of Credit - All these HR Coils were exclusively used in ...


CENVAT Credit Reversal Required for HR Coils Used in Exempted Pipes per Rule 6(1) of Central Excise Rules.

September 13, 2018

Case Laws     Central Excise     AT

Reversal of Credit - All these HR Coils were exclusively used in manufacture of exempted pipes and were not used in any other duty paid pipes - the availment of CENVAT Credit will be barred by Sub-rule (1) of Rule 6 of the Rules - credit availed is required to be reversed

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