Excise quiry

This query is : Resolved

neelj@2000

neelj@2000 (Querist)
Follow

12 July 2015 Final products are destroyed in fire & excise duty remitted thereon -whether cenvat credit availed on inputs used in manufacture is tobe reversed? Please replay

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

13 July 2015 Rule 3(5C) of cenvat credit rules provides that if duty on final products is remitted under rule 21 of central excise, cenvat credit of duty paid on inputs and input services used in manufacture or such goods shall be reversed.