Reversal of Cenvat Credit

Jayesh (Sr Article) (78 Points)

13 August 2009

Dear All

Plz suggest whether despatch under notification 43/2001, 33/2005 without Duty need reversal of Credit on Inputs??

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4 Replies

Rajesh Kumar (Advocate- Tax) (7806 Points)
Replied 16 August 2009

Jayesh (Sr Article) (78 Points)
Replied 17 August 2009

thank U Sir

Jayesh (Sr Article) (78 Points)
Replied 17 August 2009

Sir

same as above but if Despatch under Notification No 64/95 then what the effect?

Rajesh Kumar (Advocate- Tax) (7806 Points)
Replied 18 August 2009

In supply to defence sector, normally reversal of credit is required. However, there are certain situations where such reversal is not required.

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