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of <h1>CENVAT Credit Reversal Explained: Goods Cleared u/r 19(2) Are Exempt from Rule 6 Sub-Rules, No Duty Drawback Allowed.</h1> The circular addresses the reversal of CENVAT Credit on goods cleared under Rule 19(2) of the Central Excise Rules, 2002, as per Notification No. 43/2001-CE(NT). It clarifies that goods procured under this notification are exempt from sub-rules (1), (2), and (3) of Rule 6 of the CENVAT Credit Rules, 2002, which apply to manufacturers of both dutiable and exempted goods. Additionally, it specifies that exporters cannot claim duty drawback if inputs are procured without duty payment, as per Customs and Central Excise Duties Drawback Rules, 1995. Trade and field formations are advised accordingly.
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