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Central Excise - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Reversal of cenvat credit while claiming Exemption from duty - ...

January 7, 2019

Case Laws     Central Excise     AT

Reversal of cenvat credit while claiming Exemption from duty - unutilized cenvat credit - Rule 11(3) - the provision of reversal of the credit is provided only in respect of inputs and not on input service and capital goods - the principle of ejusdem generis shall apply, accordingly, credit related to capital goods and input services shall not lapse.

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