CENVAT Credit Reversal Required for Inputs in Exempted Goods Production; No Credit for Molasses Use.

CENVAT Credit Reversal Required for Inputs in Exempted Goods Production; No Credit for Molasses Use. https://www.taxtmi.com/highlights?id=20470 CENVAT Credit - Whether Cenvat Credit attributable to the quantity of Inputs (Molasses) used in, or in relation to manufacture of exempted final product required to be reversed - Being exempt the final product, respondent could not possibly have claimed CENVAT credit in respect of the same. - HC en-us Mon, 27 Oct 2014 12:02:18 +0530 Mon, 27 Oct 2014 12:02:18 +0530 TaxTMI RSS Generator CENVAT Credit Reversal Required for Inputs in Exempted Goods Production; No Credit for Molasses Use. https://www.taxtmi.com/highlights?id=20470 CENVAT Credit - Whether Cenvat Credit attributable to the quantity of Inputs (Molasses) used in, or in relation to manufacture of exempted final product required to be reversed - Being exempt the final product, respondent could not possibly have claimed CENVAT credit in respect of the same. - HC Highlights Central Excise Mon, 27 Oct 2014 12:02:18 +0530 https://www.taxtmi.com/highlights?id=20470