Court Says No Reversal of Cenvat Credit Needed When Final Product Becomes Exempt from Excise Duty.

Court Says No Reversal of Cenvat Credit Needed When Final Product Becomes Exempt from Excise Duty. https://www.taxtmi.com/highlights?id=6152 Reversal of Cenvat Credit - goods exempted after availing cenvat credit on Inputs - even though the final product may be exempt from payment of excise, the assessee cannot be asked to reverse the Cenvat credit already taken by him - HC en-us Thu, 29 Nov 2012 15:34:03 +0530 Thu, 29 Nov 2012 15:34:03 +0530 TaxTMI RSS Generator Court Says No Reversal of Cenvat Credit Needed When Final Product Becomes Exempt from Excise Duty. https://www.taxtmi.com/highlights?id=6152 Reversal of Cenvat Credit - goods exempted after availing cenvat credit on Inputs - even though the final product may be exempt from payment of excise, the assessee cannot be asked to reverse the Cenvat credit already taken by him - HC Highlights Central Excise Thu, 29 Nov 2012 15:34:03 +0530 https://www.taxtmi.com/highlights?id=6152