https://www.taxtmi.com/forum/issue?id=105827 Manufacturers may claim CENVAT credit immediately on inputs consumed in research, trial testing and new product development without awaiting market introduction; research and development activities are treated as part of manufacturing under the Cenvat Credit Rules, 2004. A credit reversal obligation applies where inputs are used for providing non eligible purposes or written off fully or partially in the books of account. en-us Tue, 25 Jun 2013 12:43:59 +0530 Thu, 23 Jan 2025 15:57:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105827 Manufacturers may claim CENVAT credit immediately on inputs consumed in research, trial testing and new product development without awaiting market introduction; research and development activities are treated as part of manufacturing under the Cenvat Credit Rules, 2004. A credit reversal obligation applies where inputs are used for providing non eligible purposes or written off fully or partially in the books of account. Discussion-Forum Central Excise Tue, 25 Jun 2013 12:43:59 +0530 https://www.taxtmi.com/forum/issue?id=105827