A manufacturer can remove his input raw material or capital goods, "as such" sale. under rule 3(5) of cenvat credit rule 2004. in that case is their any cenvat or service tax rule to reverse the credit of service tax in ratio of that as such sale.? kindly confirm.
Menu
Reversal of service tax
Replies (1)
Dear Ravi,
There is no any rule or provision in Service Tax Rule or in Central Excise rule that you have rrevese the Servive tax amount / Central Excise duty in relavant case of as such removal.
Himanshu.
hemujmehta @ yahoo.co.in
Recent Topics :
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
Related Topics :
CAclubindia
