https://www.taxtmi.com/forum/issue?id=2898 Where goods are cleared duty-exempt under the research-institute notification, the manufacturer must reverse an amount equal to the prescribed percentage of the value of exempted goods under the Cenvat Credit Rules if separate accounts for dutiable and exempted goods are not maintained; that amount is non-cenvatable, constitutes a cost to the manufacturer, and is not reflected on the excise invoice nor recoverable from the customer. en-us Wed, 16 Mar 2011 15:26:05 +0530 Thu, 23 Jan 2025 15:58:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2898 Where goods are cleared duty-exempt under the research-institute notification, the manufacturer must reverse an amount equal to the prescribed percentage of the value of exempted goods under the Cenvat Credit Rules if separate accounts for dutiable and exempted goods are not maintained; that amount is non-cenvatable, constitutes a cost to the manufacturer, and is not reflected on the excise invoice nor recoverable from the customer. Discussion-Forum Central Excise Wed, 16 Mar 2011 15:26:05 +0530 https://www.taxtmi.com/forum/issue?id=2898