LawRato

Cenvat Credit Reversal under Rule 6(3)(A)


15-Mar-2023 (In Customs & Central Excise Law)

Dear Sir/Mam, We are Steel Cutting unit and we sale goods under two type 1) Trading Goods- which is removed on reversal of duty under rule 3(5) 2) Manufacturing Goods- which is removed on payment of duty as per transaction value. In both the cases, we pay excise for clearance of goods. So no exempt goods are sold from our premises. We need to know whether Rule 6(3)(A) is applicable for reversal of Input Service Credit where is is receive for both the activities carried out by us.

Answers (1)

Answer #1
774 votes
For what year is the reversal of input credit required?

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."