9911796707
TMI BlogWhether Rule 6 of CENVAT credit rules applies where CENVAT not availed?X X X X Extracts X X X X X X X X Extracts X X X X ..... Whether Rule 6 of CENVAT credit rules applies where CENVAT not availed? X X X X Extracts X X X X X X X X Extracts X X X X ..... edit availed on said capital goods. Our EA2000 audit is going on and auditor has argued that these clearance is nothing but exempted goods and Rule 6 of CCR 2004 will applicable and we have to pay 7% since we may have used various services to clear these goods (like security service, maintenance service, telephone service, online auction service, etc). Please let me know legality in this case R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By YAGAY and SUN: The Reply: In our view, Rule 6 of the CCR is not applicable on such transactions as payment of excise duty on transaction value of the such goods would be sufficient. Reply By Yatin Bhopi: The Reply: Sir We have not paid excise duty since no CENVAT credit had been availed. all goods were procured prior to CENVAT scheme Reply By YAGAY and SUN: The Reply: Then in our vie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... w Rule 6 of CCR is not applicable.
Reply By Yatin Bhopi:
The Reply:
Thanks Sir
Reply By DR.MARIAPPAN GOVINDARAJAN:
The Reply:
Definitely will not be applicable.
Reply By Yatin Bhopi:
The Reply:
Thanks a lot sir, now query has been closed by EA2000 auditors X X X X Extracts X X X X X X X X Extracts X X X X
|
