https://www.taxtmi.com/circulars?id=7851 Where CENVAT credit has been taken on capital goods that are later cleared as waste or scrap, an amount equal to the duty leviable on the transaction value for such capital goods is payable; this obligation is mandated under Rule 3(5A) of the CENVAT Credit Rules, 2004 and applies even after prolonged use. en-us Mon, 07 Dec 2009 00:00:00 +0530 Tue, 09 Mar 2010 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7851 Where CENVAT credit has been taken on capital goods that are later cleared as waste or scrap, an amount equal to the duty leviable on the transaction value for such capital goods is payable; this obligation is mandated under Rule 3(5A) of the CENVAT Credit Rules, 2004 and applies even after prolonged use. Circulars Central Excise Mon, 07 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7851