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TMI BlogReversal of Cenvat Credit supply made under Notification N.33/2012-CE dated 09.07.2012 against SHIS DUTY CREDIT SCRIPX X X X Extracts X X X X X X X X Extracts X X X X ..... Please advice whether reversal of cenvat credit in terms of Rule 6 (3) of Cenvat Credit Rules 2002 are applicable in respect of clearances made without payment of Central Excise Duty under Notification No.33/2012-CE dated 09.07.2012 against Status Hoder Incentive Scheme Duty Credit Scrip. - Reply By Pradeep Khatri - The Reply = Dear Shahid, We hope that following judgment will be helpful ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to you. Though, it is regarding SFIS not pertaining to SHIS, as contention remains the same. 2013 (4) TMI 303 - GUJARAT HIGH COURT Regards YAGAY and SUN (Management and Indirect Tax Consultants) - Reply By SANTOSH SHARMA - The Reply = Dear Mr. Shahid, The said issue was raised by field formations across the country. The Board has clarified this matter by issuing a ci ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rcular No. 973/07/2013-CE Dated 04/09/2013 that duty debited under SHIS scrips and some other scrips like FMS, FPS etc wil be treated as goods as payment of duty and Rule 6 of CCR, 2004 will nor apply. Hope this matter is clear once and for all.. Regards, SANTOSH SHARMA - Reply By Naveed S - The Reply = Yes, no such reversal is required . - Reversal of Cenvat Credit su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pply made under Notification N.33/2012-CE dated 09.07.2012 against SHIS DUTY CREDIT SCRIP - Query Started By: - shahid hashmi Dated:- 22-8-2014 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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