https://www.taxtmi.com/forum/issue?id=4632 Sale of capital goods previously subject to CENVAT credit requires reversal calculated by deducting depreciation at 2.5% per quarter from the CENVAT credit availed; if that computed amount is less than the duty leviable on the transaction value, the payable amount equals the duty leviable on the transaction value, under Rule 3(5A) of the Cenvat Credit Rules, 2004 as substituted. en-us Sat, 01 Sep 2012 15:38:35 +0530 Thu, 23 Jan 2025 15:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4632 Sale of capital goods previously subject to CENVAT credit requires reversal calculated by deducting depreciation at 2.5% per quarter from the CENVAT credit availed; if that computed amount is less than the duty leviable on the transaction value, the payable amount equals the duty leviable on the transaction value, under Rule 3(5A) of the Cenvat Credit Rules, 2004 as substituted. Discussion-Forum Central Excise Sat, 01 Sep 2012 15:38:35 +0530 https://www.taxtmi.com/forum/issue?id=4632