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Central Excise - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

The issue of reversal of credit arises only when the final ...


Reversal of Credit Not Required for Destroyed Semi-Finished or Capital Goods, Only for Final Products in Fire.

May 4, 2018

Case Laws     Central Excise     AT

The issue of reversal of credit arises only when the final product destroyed in fire and not in case of semi finished goods - demands raised against the appellant for destruction of semi-finished goods and capital goods cannot be sustained. - AT

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