Reversal of Cenvat credit - if the machines are cleared as such ...

Assessee Must Reverse Cenvat Credit for Unused Machines; Used Machines Exempt from Reversal Requirement.

February 4, 2013

Case Laws Central Excise AT

Reversal of Cenvat credit - if the machines are cleared as such the Assessee shall be liable to pay duty equal to amount of Cenvat Credit availed. The machines which are cleared after utilization cannot be treated as machines cleared as such - AT

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Reversal of Cenvat credit - if the machines are cleared as such ...

Assessee Must Reverse Cenvat Credit for Unused Machines; Used Machines Exempt from Reversal Requirement.

February 4, 2013

Case Laws Central Excise AT

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