CENVAT Credit - Separate Accounts - Prima facie it was ...

Court Rules Against Strict Application of Rule 6(3) for Zinc Skimming; Proportionate Reversal Accepted for Cenvat Credit.

September 4, 2013

Case Laws Central Excise AT

CENVAT Credit - Separate Accounts - Prima facie it was impossible for the Appellants to maintain separate account and inventory of Zinc Skimming used for manufacture of Zinc Ingots and Zinc Sulphate (Agriculture grade) for the reason that one final product was the by product of the other, Rule 6(3)(b)/6(3)(i) read with Rule 6(2) of Cenvat Credit Rules, cannot be invoked - proportionate reversal by the assessee is acceptable - AT

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CENVAT Credit - Separate Accounts - Prima facie it was ...

Court Rules Against Strict Application of Rule 6(3) for Zinc Skimming; Proportionate Reversal Accepted for Cenvat Credit.

September 4, 2013

Case Laws Central Excise AT

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