Reversal of cenvat credit - inputs used for the output goods ...

CENVAT Credit Reversal Overturned: Rule 6(6) Justifies Appellant's Suo-Moto Re-Credit for Mega Project Exemption Inputs.

August 28, 2021

Case Laws Central Excise AT

Reversal of cenvat credit - inputs used for the output goods supplied to BHEL under exemption for Mega Project - Job-Work - When the appellant took suo-moto re-credit, the same amounts to only correction of accounts, to which Rule 9(1) has no application - it is held that Rule 6(6) is squarely applicable in the present case, and therefore the credit was rightly taken by the appellant. - AT

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Reversal of cenvat credit - inputs used for the output goods ...

CENVAT Credit Reversal Overturned: Rule 6(6) Justifies Appellant's Suo-Moto Re-Credit for Mega Project Exemption Inputs.

August 28, 2021

Case Laws Central Excise AT

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