Revarsal of cenvat credit
ARNAB MONDAL (STUDENT) (34 Points)
08 August 2014ARNAB MONDAL (STUDENT) (34 Points)
08 August 2014
jitesh
(Excise officer)
(83 Points)
Replied 16 August 2014
Circular No. 907/27/2009-CX., dated 7-12-2009 in terms of this Circular, you have required to pay Excise duty or reverse the CENVAT Credit availed on inputs of Rule 21 of the Excise Rules.
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 21 August 2014
You can reverse the duty what you have taken credit at the time of inward.