https://www.taxtmi.com/news?id=794 Cenvat credit is disallowed on inputs used in manufacture of goods cleared without payment of duty where separate accounts for inputs and final products are not maintained. Absence of segregation invokes the cenvat rule that treats such outputs as exempt for credit purposes and requires payment specified by the cenvat framework prior to clearance without duty; job-work manufacture does not alter this requirement and job workers must keep distinct records to retain credit entitlement. en-us Wed, 15 Apr 2009 10:00:46 +0530 Wed, 15 Apr 2009 10:00:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=794 Cenvat credit is disallowed on inputs used in manufacture of goods cleared without payment of duty where separate accounts for inputs and final products are not maintained. Absence of segregation invokes the cenvat rule that treats such outputs as exempt for credit purposes and requires payment specified by the cenvat framework prior to clearance without duty; job-work manufacture does not alter this requirement and job workers must keep distinct records to retain credit entitlement. News - Wed, 15 Apr 2009 10:00:46 +0530 https://www.taxtmi.com/news?id=794