https://www.taxtmi.com/forum/issue?id=106957 Composite sugar industry with sugar and distillery units raises whether accumulated Cenvat credit on captively produced molasses may be taken retrospectively and applied to duty on excisable outputs, given molasses is used to produce both excisable and exempted goods and Rule 6 CCR 2004 compliance is implicated; additionally whether reversal/payment of the prescribed percentage under Rule 6(3)(i) suffices and whether interest is payable on past reversals or payments and under which provision. en-us Fri, 27 Jun 2014 15:46:47 +0530 Thu, 23 Jan 2025 15:57:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106957 Composite sugar industry with sugar and distillery units raises whether accumulated Cenvat credit on captively produced molasses may be taken retrospectively and applied to duty on excisable outputs, given molasses is used to produce both excisable and exempted goods and Rule 6 CCR 2004 compliance is implicated; additionally whether reversal/payment of the prescribed percentage under Rule 6(3)(i) suffices and whether interest is payable on past reversals or payments and under which provision. Discussion-Forum Central Excise Fri, 27 Jun 2014 15:46:47 +0530 https://www.taxtmi.com/forum/issue?id=106957