https://www.taxtmi.com/forum/issue?id=1275 Reversal value of exempted goods allows three compliance options: maintain separate accounts; reverse the prescribed amounts in lieu of excise and service tax; or, if separate accounts are not maintained, inform the Range Superintendent to apply the prescribed formula to reverse a proportionate CENVAT credit. The thread also queries responsibility for Proof of Export under CT-1, noting merchant exporters carry responsibility for export documentation. en-us Tue, 16 Jun 2009 18:03:41 +0530 Thu, 23 Jan 2025 15:58:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1275 Reversal value of exempted goods allows three compliance options: maintain separate accounts; reverse the prescribed amounts in lieu of excise and service tax; or, if separate accounts are not maintained, inform the Range Superintendent to apply the prescribed formula to reverse a proportionate CENVAT credit. The thread also queries responsibility for Proof of Export under CT-1, noting merchant exporters carry responsibility for export documentation. Discussion-Forum Central Excise Tue, 16 Jun 2009 18:03:41 +0530 https://www.taxtmi.com/forum/issue?id=1275