https://www.taxtmi.com/forum/issue?id=4245 Capital goods may be transferred to a project site without duty on a challan under the Cenvat Credit Rules, subject to return to the place of removal within the prescribed period. Inputs not returned from site (such as steel plates) attract excise liability and must be regularised by paying duty, reversing equivalent Cenvat credit, or clearing on a cost-plus valuation with the prescribed markup. en-us Mon, 11 Jun 2012 18:26:43 +0530 Thu, 23 Jan 2025 15:58:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4245 Capital goods may be transferred to a project site without duty on a challan under the Cenvat Credit Rules, subject to return to the place of removal within the prescribed period. Inputs not returned from site (such as steel plates) attract excise liability and must be regularised by paying duty, reversing equivalent Cenvat credit, or clearing on a cost-plus valuation with the prescribed markup. Discussion-Forum Central Excise Mon, 11 Jun 2012 18:26:43 +0530 https://www.taxtmi.com/forum/issue?id=4245