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reversal of cenvat credit on shortage of raw material

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 January 2010 reversal of cenvat credit on shortage of raw material
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ANIL JANGID

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ANIL JANGID (Expert)
26 January 2010 yes
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
27 January 2010 yes
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Rahul Vora

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Rahul Vora (Expert)
03 February 2010 Yes, you can only take credit for the material that you have actually received. CENVAT for shortage of material is to be reveresed

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