Excise treatment on scrap
This query is : Resolved
30 June 2015
hello friends
please tell me the treatment of excsice(cenvat credit)on scrap generated at the time of manufacturing or Finished goods defective manufactured.
please tell me the treatment of excsice(cenvat credit)on scrap generated at the time of manufacturing or Finished goods defective manufactured.
30 June 2015
The duty will be payable on the scrap and you can take the cenvat credit on inputs.
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