GST Advocate
15220 Points
Posted on 19 February 2014
The inputs can be removed as such from the factory of manufacturer or premises of service provider on payment of an amount equal to cenvat credit availed when the credit was taken. In other words, it amounts to reversal of cenvat credit taken under rule 3(5) of cenvat credit rules 2004. Duty will be payable even if goods supply free of cost .