https://www.taxtmi.com/forum/issue?id=106122 When a previously sold machine is returned and brought to the factory for re-making, the manufacturer may treat it as an input and claim CENVAT credit under the re-making rule; if the processing does not amount to manufacture the credit must be reversed, and if it does amount to manufacture duty is payable at the applicable rate and value at removal. The claimant must ensure either corresponding clearances with excise duty equal to credit taken or reversal of credit as required. en-us Mon, 23 Sep 2013 15:30:34 +0530 Thu, 23 Jan 2025 15:57:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106122 When a previously sold machine is returned and brought to the factory for re-making, the manufacturer may treat it as an input and claim CENVAT credit under the re-making rule; if the processing does not amount to manufacture the credit must be reversed, and if it does amount to manufacture duty is payable at the applicable rate and value at removal. The claimant must ensure either corresponding clearances with excise duty equal to credit taken or reversal of credit as required. Discussion-Forum Central Excise Mon, 23 Sep 2013 15:30:34 +0530 https://www.taxtmi.com/forum/issue?id=106122