https://www.taxtmi.com/forum/issue?id=2646 Removal of excisable capital goods after use requires duty payment on clearance even if Cenvat credit was never availed; Rule 3(5) applies only where Cenvat credit has been taken and so cannot be used to justify duty-free removal. Options are to avail credit and follow the reversal mechanism on removal or declare the asset as scrap and pay duty on the transaction value; merely stating that credit was not availed does not relieve the duty obligation. en-us Thu, 13 Jan 2011 17:01:46 +0530 Thu, 23 Jan 2025 15:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2646 Removal of excisable capital goods after use requires duty payment on clearance even if Cenvat credit was never availed; Rule 3(5) applies only where Cenvat credit has been taken and so cannot be used to justify duty-free removal. Options are to avail credit and follow the reversal mechanism on removal or declare the asset as scrap and pay duty on the transaction value; merely stating that credit was not availed does not relieve the duty obligation. Discussion-Forum Central Excise Thu, 13 Jan 2011 17:01:46 +0530 https://www.taxtmi.com/forum/issue?id=2646