No need to reverse credit if inputs for production are later found defective during assembly process.

No need to reverse credit if inputs for production are later found defective during assembly process. https://www.taxtmi.com/highlights?id=22814 Reversal of credit - Once the inputs are issued for manufacture of the final product and are further used and are found defective in the assembly line, the assessee cannot be asked to reverse the credit. - AT en-us Mon, 04 May 2015 10:12:54 +0530 Mon, 04 May 2015 10:12:54 +0530 TaxTMI RSS Generator No need to reverse credit if inputs for production are later found defective during assembly process. https://www.taxtmi.com/highlights?id=22814 Reversal of credit - Once the inputs are issued for manufacture of the final product and are further used and are found defective in the assembly line, the assessee cannot be asked to reverse the credit. - AT Highlights Central Excise Mon, 04 May 2015 10:12:54 +0530 https://www.taxtmi.com/highlights?id=22814