Reversal of Cenvat credit

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..... a manufacturer imports inputs and capital goods and on receipt avails cenvat credit on them of cvd and cess, and then he sends them for storage in factory premises. immediately after 2 days he exports .....

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..... the inputs and capital goods from the storage area as it is free of cost, after executing a bond. is the manufacturer required to reverse the cenvat credit availed on those inputs and capital goods. .....

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..... - Reply By Rama Krishana - The Reply = In my belief the same may not constitute as valid export since the proof of export would not be complete without accompanying the proof the foreign realization .....

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..... certificate - But since the manufacturer is exporting the goods free of cost, you need to ascertain only one thing that no question on the validity of export is being raised by the department. If the .....

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..... export is accepted, there would not be any requirement of reversing cenvat credit. - Reversal of Cenvat credit - Query Started By: - madhavvan n Dated:- 9-8-2009 Central Excise - Got 1 Reply - Centra .....

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..... l Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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