Assessee Manufacturing Both Exempted and Dutiable Goods Can Claim CENVAT Credit; 8% Payment Not a Barrier.

Assessee Manufacturing Both Exempted and Dutiable Goods Can Claim CENVAT Credit; 8% Payment Not a Barrier. https://www.taxtmi.com/highlights?id=19213 CENVAT Credit - assesee is paying 8% of the value of exempted goods - Cenvat credit cannot be disallowed if an assessee manufactures only exempted goods for a part of the year and for the balance year manufactures both exempted and dutiable goods - AT en-us Sat, 05 Jul 2014 13:33:40 +0530 Sat, 05 Jul 2014 13:33:40 +0530 TaxTMI RSS Generator Assessee Manufacturing Both Exempted and Dutiable Goods Can Claim CENVAT Credit; 8% Payment Not a Barrier. https://www.taxtmi.com/highlights?id=19213 CENVAT Credit - assesee is paying 8% of the value of exempted goods - Cenvat credit cannot be disallowed if an assessee manufactures only exempted goods for a part of the year and for the balance year manufactures both exempted and dutiable goods - AT Highlights Central Excise Sat, 05 Jul 2014 13:33:40 +0530 https://www.taxtmi.com/highlights?id=19213