https://www.taxtmi.com/acts?id=241 Cenvat credit is available to manufacturers of final products and providers of output services for specified duties and cesses paid on inputs, capital goods and input services received on or after 10 September 2004, subject to statutory and notification exclusions. Utilisation is limited to payment of prescribed duties or service tax, or repayment where inputs/capital goods are removed; specified provisos prohibit using general credit for certain cesses and additional duties. Reversal and payment obligations arise on removal, write off or remission orders, with prescribed calculation methods for used capital goods and timelines and recovery mechanisms for unpaid amounts. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sun, 29 May 2016 11:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=241 Cenvat credit is available to manufacturers of final products and providers of output services for specified duties and cesses paid on inputs, capital goods and input services received on or after 10 September 2004, subject to statutory and notification exclusions. Utilisation is limited to payment of prescribed duties or service tax, or repayment where inputs/capital goods are removed; specified provisos prohibit using general credit for certain cesses and additional duties. Reversal and payment obligations arise on removal, write off or remission orders, with prescribed calculation methods for used capital goods and timelines and recovery mechanisms for unpaid amounts. Act-Rules Central Excise Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=241