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Central Excise - Highlights / Catch Notes

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Reversal of CENVAT Credit - iron ore fines which emerges during ...

Central Excise

June 19, 2020

Reversal of CENVAT Credit - iron ore fines which emerges during the course of manufacture of sponge iron ore are in unavoidable and inevitable by-product and therefore same does not fall under the category of manufacture goods and accordingly same are not excisable. Thus, such goods cannot be considered as exempted goods

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