28 February 2014
A manufacturer is engaged in the manufacture of dutiable goods and cenvat credit on duty paid inputs are availed. They want to supply goods to SFIS License Holder (at duty exempted rate) as per notification No.34/2006 Dt.14-06-2006, whether they have to reverse 6% on clerances as per Rule 6 of Cenvat Credit.
CAclubindia
