Cenvat revarsal
This query is : Resolved
ARNAB MONDAL
(Querist)
10 August 2014
FG &RM were fully written off from books of account due to find shortage at the time of physical verification. whether require to reverse CENVAT credit on RM and also require to pay duty on FG?
CA Harshit Rastogi
(Expert)
12 August 2014
Yes.. CENVAT is to be reversed and Duty has to be pay on FG
Rupesh Jain
(Expert)
12 August 2014
you have to reverse the canvat of short goods
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