We have sale material to party who is availing SHIS. We have not maintion Excise Duty on our invoice while dispatching material to SHIS unit. Now may qtn is that we have avail cenvat on this sold material. Whether we have to reverse cenvat in this case? If yes then what will be the % for this? & how do we reverse it, from PLA or to pay by challan.
CAclubindia
