Reversal of CENVAT Credit - provision for slow/non-moving ...

Case Laws Central Excise

November 23, 2022

Reversal of CENVAT Credit - provision for slow/non-moving inventory made - Admittedly, revenue have not been able to identify the details of inventory or asset, for which the general provision has been made. It is further evident that the appellant have demonstrated that such provision has been made year to year by way of increasing or reducing the provision, depending on the usage of inventory as required. - AT

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Reversal of CENVAT Credit - provision for slow/non-moving ...

Case Laws Central Excise

November 23, 2022

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