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Issue ID: 111533
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Cenvat credit on Weighbridge difference

Date 20 Feb 2017
Replies7 Replies
Views 1378 Views
Asked by
Cenvat credit on weighbridge variance: permissible error recognized and credit for inputs lost during processing remains allowable.
Cenvat credit for weighbridge differences in cement is governed by Board circular guidance recognizing a permissible weighment error and by precedential authority that credit on inputs lost or consumed in processing (such as waste in repacking where repacking amounts to manufacture) is not automatically disallowed; no single uniform percentage is prescribed and allowances should be applied by analogy to transaction facts. (AI Summary)

The percentage of Weighbridge difference that is allowed for Cenvat credit is----------------------------

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