https://www.taxtmi.com/forum/issue?id=3584 The operative response advises that CENVAT credit must be reversed when capital goods are removed between units, applying a pro rata quarterly deduction from the original credit for each quarter of use; this reversal mechanism, rather than charging excise at the current removal rate, governs the adjustment of credit as illustrated by the enquirer's example. en-us Mon, 21 Nov 2011 22:12:07 +0530 Thu, 23 Jan 2025 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3584 The operative response advises that CENVAT credit must be reversed when capital goods are removed between units, applying a pro rata quarterly deduction from the original credit for each quarter of use; this reversal mechanism, rather than charging excise at the current removal rate, governs the adjustment of credit as illustrated by the enquirer's example. Discussion-Forum Central Excise Mon, 21 Nov 2011 22:12:07 +0530 https://www.taxtmi.com/forum/issue?id=3584