https://www.taxtmi.com/forum/issue?id=106381 Inputs issued to in-house R&D and trial production are eligible for cenvat credit because R&D/trial runs are integral to manufacturing and costs are recovered in the transaction value; reversal is required only if inputs produce exempted goods that are cleared as exempted removals, whereas goods retained in factory from trial runs need not trigger reversal. en-us Fri, 03 Jan 2014 14:15:53 +0530 Thu, 23 Jan 2025 15:57:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106381 Inputs issued to in-house R&D and trial production are eligible for cenvat credit because R&D/trial runs are integral to manufacturing and costs are recovered in the transaction value; reversal is required only if inputs produce exempted goods that are cleared as exempted removals, whereas goods retained in factory from trial runs need not trigger reversal. Discussion-Forum Central Excise Fri, 03 Jan 2014 14:15:53 +0530 https://www.taxtmi.com/forum/issue?id=106381