https://www.taxtmi.com/forum/issue?id=4438 Paragraph J of the notification allows cenvat credit of the central excise duty element debited in an FMS duty credit scrip; once that duty is debited on the reverse of the scrip the recipient may claim the cenvat credit in accounts, reflect it in ER-1/ER-3 returns, and, if the sourced goods qualify as inputs or capital goods, set off the credit against central excise liability on final excisable goods. en-us Sat, 28 Jul 2012 09:06:06 +0530 Thu, 23 Jan 2025 15:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4438 Paragraph J of the notification allows cenvat credit of the central excise duty element debited in an FMS duty credit scrip; once that duty is debited on the reverse of the scrip the recipient may claim the cenvat credit in accounts, reflect it in ER-1/ER-3 returns, and, if the sourced goods qualify as inputs or capital goods, set off the credit against central excise liability on final excisable goods. Discussion-Forum Central Excise Sat, 28 Jul 2012 09:06:06 +0530 https://www.taxtmi.com/forum/issue?id=4438