https://www.taxtmi.com/forum/issue?id=5455 Availability of CENVAT credit on moulds is recognised when moulds are in the manufacturer's possession and treated as capital goods, regardless of customer reimbursement. Net CENVAT amounts should be reimbursed and reflected in invoices. Either party may claim CENVAT credit. Mould amortisation must be included in the assessable value of finished goods for excise purposes. End of life disposal follows contractual terms: transfer of working capital goods does not attract duty under the stated position, whereas removal as waste/scrap requires duty on the transaction value. en-us Thu, 21 Mar 2013 15:37:41 +0530 Thu, 23 Jan 2025 15:57:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5455 Availability of CENVAT credit on moulds is recognised when moulds are in the manufacturer's possession and treated as capital goods, regardless of customer reimbursement. Net CENVAT amounts should be reimbursed and reflected in invoices. Either party may claim CENVAT credit. Mould amortisation must be included in the assessable value of finished goods for excise purposes. End of life disposal follows contractual terms: transfer of working capital goods does not attract duty under the stated position, whereas removal as waste/scrap requires duty on the transaction value. Discussion-Forum Central Excise Thu, 21 Mar 2013 15:37:41 +0530 https://www.taxtmi.com/forum/issue?id=5455