https://www.taxtmi.com/manuals?id=736 Rule 3(5) requires repayment of Cenvat credit when inputs or capital goods availed of as credit are removed as such from factory or service premises, except when removed outside premises for providing an output service. Used capital goods attract a pro rata reduction at 2.5% per quarter from credit date; waste or scrap clearances require payment equal to duty on transaction value. Full book write offs before use mandate repayment with re credit allowed upon subsequent use. Cenvat on inputs used in goods remitted under Rule 21 must be reversed; removal for export under bond is permitted. en-us Sun, 22 Jul 2012 12:02:00 +0530 Sun, 22 Jul 2012 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=736 Rule 3(5) requires repayment of Cenvat credit when inputs or capital goods availed of as credit are removed as such from factory or service premises, except when removed outside premises for providing an output service. Used capital goods attract a pro rata reduction at 2.5% per quarter from credit date; waste or scrap clearances require payment equal to duty on transaction value. Full book write offs before use mandate repayment with re credit allowed upon subsequent use. Cenvat on inputs used in goods remitted under Rule 21 must be reversed; removal for export under bond is permitted. Manuals Central Excise Sun, 22 Jul 2012 12:02:00 +0530 https://www.taxtmi.com/manuals?id=736