Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

rejected goods

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rejected goods
Query (Issue) Started By: - shaji thomas Dated:- 17-8-2011 Last Reply Date:- 20-8-2011 Central Excise
Got 3 Replies
Central Excise
What is the procedure to take the re-cred .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... it on rejected goods initially cleraed by paying PLA duty (1% newly introduced duty) Reply By pradeep khatri: The Reply: Kindly refer Rule 16 of the Central Excise Rules, 2002 in this regard. Reply .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... By shaji thomas: The Reply: In the instant issue taking Cenvat credit on the rejected goods is not possible as the duty payment is only through PLA and not availing Cenvat credit on inputs( Notn No. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1/2011-CE dated 1-3-2011, Effective rate of duty 1% on certain items on which exemption has been withdrawn, without availing Cenvat credit) Reply By NEETA SHETE: The Reply: As per provisions of Cenv .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... at Credit Rules 2004, CENVAT credit of such duty of excise shall not be allowed to be taken when paid on any goods in respect of which the benefit of an exemption under notification No. 1/2011-C.E., d .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ated the 1st March, 2011 is availed.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates