Recovery of 'amounts' which are not duly paid under the provisions of rule 6 of the CENVAT Credit Rules, 2001 (Rule 57CC of the erstwhile Central Excise Rules. 1944) -clarification regarding.

Recovery of 'amounts' which are not duly paid under the provisions of rule 6 of the CENVAT Credit Rules, 2001 (Rule 57CC of the erstwhile Central Excise Rules. 1944) -clarification regarding. https://www.taxtmi.com/circulars?id=401 Rule 6(1) disallows CENVAT credit on inputs used in manufacture of exempted goods unless the manufacturer complies with Rule 6(2) or (3) by maintaining separate accounts or following the specified adjustment/payment method; failure to do so renders any credit availed on such inputs incorrect and subject to recovery under Rule 12. en-us Tue, 16 Oct 2001 00:00:00 +0530 Tue, 23 Sep 2008 15:26:00 +0530 TaxTMI RSS Generator Recovery of 'amounts' which are not duly paid under the provisions of rule 6 of the CENVAT Credit Rules, 2001 (Rule 57CC of the erstwhile Central Excise Rules. 1944) -clarification regarding. https://www.taxtmi.com/circulars?id=401 Rule 6(1) disallows CENVAT credit on inputs used in manufacture of exempted goods unless the manufacturer complies with Rule 6(2) or (3) by maintaining separate accounts or following the specified adjustment/payment method; failure to do so renders any credit availed on such inputs incorrect and subject to recovery under Rule 12. Circulars Central Excise Tue, 16 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=401