Dear Sir,
We are a manufacturer and we written of some Rm, SFG & FG due to non moving stock from long times physically we have transfer these stocks to scrap and when we will sale these scrap we paid the duty on transaction value.
So can any one clarify me what is the Cenvat Credit treatment on that write off RM, SFG & FG.
Some FG which we declared in RG-1 as a stock on that case also how we remove these stock from RG-1 and how we mentioned these stocks in our ER-1 Return also.
Regards
Swapneswar