https://www.taxtmi.com/forum/issue?id=108405 Surplus raw materials may be sold "as such"; the department cannot bar such disposals. If sold to another manufacturer for use in manufacture, treat as removal as such and reverse any CENVAT credit availed, addressing any duty liability. If sold to traders or non-manufacturers, treat as trading and reverse the credit, as trading sales do not allow retention of CENVAT. CCR provisions mandate credit reversal and specify procedural/documentary compliance. Exports of such inputs generally do not require reversal and may allow rebate where duty was paid. The department may scrutinise transactions for compliance but cannot impose a blanket prohibition. en-us Sat, 11 Apr 2015 09:47:15 +0530 Thu, 23 Jan 2025 15:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108405 Surplus raw materials may be sold "as such"; the department cannot bar such disposals. If sold to another manufacturer for use in manufacture, treat as removal as such and reverse any CENVAT credit availed, addressing any duty liability. If sold to traders or non-manufacturers, treat as trading and reverse the credit, as trading sales do not allow retention of CENVAT. CCR provisions mandate credit reversal and specify procedural/documentary compliance. Exports of such inputs generally do not require reversal and may allow rebate where duty was paid. The department may scrutinise transactions for compliance but cannot impose a blanket prohibition. Discussion-Forum Central Excise Sat, 11 Apr 2015 09:47:15 +0530 https://www.taxtmi.com/forum/issue?id=108405