TMI BlogCENVAT Credit Retained: No Reversal Needed if Final Product Duty Accepted Despite Non-Qualifying Manufacturing Activity.CENVAT Credit - once the duty on the final product has been accepted by the Department, the CENVAT Credit availed need not be reversed even if the activity does not amount to manufacture subsequently. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|