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Central Excise - Highlights / Catch Notes

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Reversal of CENVAT credit - sale of capital goods as scrap - ...


CENVAT Credit Reversal on Capital Goods Scrap Sale Requires Proof of Credit Availment u/r 3(5A.

September 17, 2019

Case Laws     Central Excise     AT

Reversal of CENVAT credit - sale of capital goods as scrap - Unless Revenue establishes that they availed Cenvat credit on the capital goods which are being removed as waste and scrap, provisions of Rule 3(5A) of Cenvat Credit Rules, 2004 cannot be invoked. - AT

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