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Production loss

This query is : Resolved 
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(Querist)
26 July 2015 I AM HAVING QUERY THAT PRODUCTION LOSS HOW TO PAY ( REVERS ) EXCISE DUTY ON IT.

SUPPOSE I AM HAVING RAW MATERIAL PURCHASE 100 KGS AND I AM GETTING FINISH GOODS 95 KGS SO DIFFERENCE OF 5KGS SHOULD I REVERSE CENVAT CREDIT ? OR PAY LIKE WASTE AND SCRAP


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Arun Kumar Singh

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Arun Kumar Singh (Expert)
27 July 2015 Two way of the scrap either you will sale the scrap or destroy it. No need to reversed of cenvat credit.
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sudhir

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sudhir (Querist)
16 August 2015 dear sir there is no steel or iron material so there is no scrap it is chemical material
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