The percentage of Weighbridge difference that is allowed for Cenvat credit is----------------------------
Cenvat credit on Weighbridge difference
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Discussion on Allowable Weighbridge Difference for Cenvat Credit in Cement; References Circular Allowing 1% Error. A discussion on a forum addresses the permissible percentage of weighbridge difference for Cenvat credit, specifically for cement. An individual inquires about the allowable percentage for raw materials. A participant references a circular permitting a 1% error for cement. Another mentions a Supreme Court case where credit on inputs gone to waste during repacking was upheld, indicating no clear percentage is specified. The discussion includes references to case law, suggesting that the principles from these cases can be applied to determine the allowable percentage for weighbridge differences. (AI Summary)