Cenvat revarsal

This query is : Resolved 

10 August 2014 FG &RM were fully written off from books of account due to find shortage at the time of physical verification. whether require to reverse CENVAT credit on RM and also require to pay duty on FG?

12 August 2014 Yes.. CENVAT is to be reversed and Duty has to be pay on FG

12 August 2014 you have to reverse the canvat of short goods




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