Rule 6
This query is : Resolved
26 April 2012
what does rule 6/930 of cenvat credit means
26 April 2012
Please elaborate about your query.
22 July 2025
Rule 6 of the Cenvat Credit Rules, 2004, deals with the reversal of Cenvat credit in cases where inputs or input services are used partly for taxable goods/services and partly for exempted goods/services or non-business purposes.
What is Rule 6 about?
When a manufacturer or service provider uses inputs/input services for both taxable and exempted supplies, he cannot claim credit on the full input/input service tax paid.
He has to reverse (pay back) proportionate credit related to exempted or non-business use.
Rule 6/930?
The mention of Rule 6/930 is probably a shorthand or a typo. Possibly it refers to:
Rule 6 of Cenvat Credit Rules, 2004 (which is the main rule on credit reversal).
Section 93 of the Finance Act, which sometimes relates to amendments or provisions in indirect tax.
If you saw this in a specific document or form, it might be a reference code or rule combined with a notification or circular number.
What is Rule 6 about?
When a manufacturer or service provider uses inputs/input services for both taxable and exempted supplies, he cannot claim credit on the full input/input service tax paid.
He has to reverse (pay back) proportionate credit related to exempted or non-business use.
Rule 6/930?
The mention of Rule 6/930 is probably a shorthand or a typo. Possibly it refers to:
Rule 6 of Cenvat Credit Rules, 2004 (which is the main rule on credit reversal).
Section 93 of the Finance Act, which sometimes relates to amendments or provisions in indirect tax.
If you saw this in a specific document or form, it might be a reference code or rule combined with a notification or circular number.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Portuguese Civil Code IT Return
- Taxability of Partnership firm for FY 2025-26
- GST Rate for Catering Services
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- TDS AND ITR ISSUE
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
