Interest caluclation on cenvat if material not return within 180days

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..... Interest caluclation on cenvat if material not return within 180days
Query (Issue) Started By: - Krishan Gopal Dated:- 20-9-2013 Last Reply Date:- 20-9-2013 Central Excise
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Centra .....

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..... l Excise
Dear Sir, If material sent to job worker under Rule 4 (5)a of Cenvat Credit Rule, 2004, and the material are not return back in factory within 180 days then we have to reverse cenvat on t .....

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..... hat material but we have reversed the cenvat after 10 months. Please advise: Whether interest should be calculated after 180 days or when cenvat has been taken. Krishan Gopal Reply By Naveed S: T .....

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..... he Reply: From date of removal of inputs for job work purpose.
Discussion Forum - Knowledge Sharing .....

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