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Central Excise - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Returned goods - Rule 16 - Reversal of CENVAT credit or payment ...


Rule 16: Clarification on CENVAT credit reversal and duty payment for returned and processed goods, including scrapped items.

March 20, 2017

Case Laws     Central Excise     AT

Returned goods - Rule 16 - Reversal of CENVAT credit or payment of appropriate duty on goods processed - such goods / vehicles undergo a process of manufacture and become part of process of production of new vehicle is settled and undisputed - payment of appropriate duty on scrapped goods is correct - AT

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