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Central Excise - Highlights / Catch Notes

Home Highlights April 2021 Year 2021 This

Quantification of CENVAT Credit reversed - common Input/Input ...


Errors in Calculating CENVAT Credit Reversal for Common Inputs u/r 6(3) of Central Excise Rules Highlighted.

April 14, 2021

Case Laws     Central Excise     AT

Quantification of CENVAT Credit reversed - common Input/Input Services used - There is indeed serious error in calculation of the amount to be paid under Rule 6(3). As regard the terms “total Cenvat Credit” to be considered for the formula as provided under Rule 6 (3A)- AT

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