TaxTMI 
TaxTMI 
Dear Sir.
We are manufacture of Auto parts now we are planning to manufacture of Sewing machine parts also . sewing machine parts are exempted. My question is below.
1 – We amend RC.
2-we are eligible Rule 6(3)(1) of reversal of cenvat credit of 6%.
Rule-6.3(1)
21 Jan 2016 
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Reversal of cenvat credit or separate accounts option requires notifying authorities and is irrevocable for the financial year.
A manufacturer introducing exempt sewing machine parts may either amend registration and follow the prescribed reversal under Rule 6(3)(1) or maintain separate books and identify inputs so Cenvat is not availed. If inputs are common, choose between availing credit and later reversing at the prescribed rate on exempt clearances or segregating inputs and reversing on actual basis. The chosen option must be intimated to the jurisdictional excise authorities and cannot be withdrawn for the remainder of the financial year. (AI Summary)
A manufacturer introducing exempt sewing machine parts may either amend registration and follow the prescribed reversal under Rule 6(3)(1) or maintain separate books and identify inputs so Cenvat is not availed. If inputs are common, choose between availing credit and later reversing at the prescribed rate on exempt clearances or segregating inputs and reversing on actual basis. The chosen option must be intimated to the jurisdictional excise authorities and cannot be withdrawn for the remainder of the financial year. (AI Summary)