Whether rule 6(3)(A) applicable for reversal of Input Service Credit
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.
As long as there is payment of duty and there is no clearance of exempted goods. There is no requirement of reversal of credit of input services. I assume that the inputs cleared as such and the inputs used for your manufacturing are the same.
Advocate Anupam DigheS Bharucha Marg, Mumbai
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