Reversal of cenvat credit, Central Excise

[JASVINDER SINGH GUJRAL]

Central Excise Notification No:19/2007 dt. 07th march 2007 exempted from payment of excise Duty by User, Under this not. cenvat cr to be reversed y/n ?

Posts / Replies

[Mukesh Kumar]

Are you talking about entry no. 54B of the notification no. 6/2006 as amended by notification no. 19/2007 - Yes cenvat credit is required to be reversed for claiming exemption for removal of Parts (other than rubber tyres and tubes), of aircraft of heading 8802 without payment of excise duty if you have availed the credit on inputs used in manufacturing of such goods.