TaxTMI 
TaxTMI 
What is the procedure to take the re-credit on rejected goods initially cleraed by paying PLA duty (1% newly introduced duty)
rejected goods
17 Aug 2011 
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Cenvat credit restriction: duty paid into PLA under exemption withdrawal is not eligible for credit on rejected goods.
Cenvat credit cannot be taken on goods for which duty was paid through a Personal Ledger Account when the benefit of an exemption withdrawal notification has been availed; payment via PLA under that measure precludes recredit of the excise duty, consistent with the procedural rule governing recredit under the Cenvat credit regime. (AI Summary)
Cenvat credit cannot be taken on goods for which duty was paid through a Personal Ledger Account when the benefit of an exemption withdrawal notification has been availed; payment via PLA under that measure precludes recredit of the excise duty, consistent with the procedural rule governing recredit under the Cenvat credit regime. (AI Summary)