https://www.taxtmi.com/forum/issue?id=110121 Cenvat credit on written-off stock must be reversed: full reversal for raw materials and proportionate reversal for finished or semi-finished goods, with reversal calculable by accountant certificate. One view stated that transfer to scrap followed by payment of duty on removal need not trigger reversal because scrap is a final product, while other views maintain write-off requires reversal unless the item is later used, permitting reclamation. For finished goods, options are destruction on payment of duty or seeking remission under the rules and reversing proportionate input credit after permission. en-us Fri, 01 Apr 2016 13:28:50 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110121 Cenvat credit on written-off stock must be reversed: full reversal for raw materials and proportionate reversal for finished or semi-finished goods, with reversal calculable by accountant certificate. One view stated that transfer to scrap followed by payment of duty on removal need not trigger reversal because scrap is a final product, while other views maintain write-off requires reversal unless the item is later used, permitting reclamation. For finished goods, options are destruction on payment of duty or seeking remission under the rules and reversing proportionate input credit after permission. Discussion-Forum Central Excise Fri, 01 Apr 2016 13:28:50 +0530 https://www.taxtmi.com/forum/issue?id=110121