28 January 2011
Check rule 6 of the cenvta credit rules. Possible to avail credit and also cliam the exemption for some clearacnes. stock recording maybe critical.
06 February 2011
Sir, You are requested to please explain in detail. Because our excise authorities issue us Show Cause notice for either reverse the input modvat credit or paid excise at connessional rate (Previously it was 10% & Now 5%)