https://www.taxtmi.com/forum/issue?id=110140 Excise duty on sale of tank scrap hinges on whether Cenvat Credit was availed: if credit was taken, the seller must reverse credit or pay duty on transaction value; if no credit was claimed and the scrap was not produced in the course of manufacture of the seller's product, disposal of dismantled scrap is not liable to excise. The contractual allocation of supply and construction between principal and contractor also determines which party bears any excise consequence. en-us Tue, 05 Apr 2016 11:21:27 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110140 Excise duty on sale of tank scrap hinges on whether Cenvat Credit was availed: if credit was taken, the seller must reverse credit or pay duty on transaction value; if no credit was claimed and the scrap was not produced in the course of manufacture of the seller's product, disposal of dismantled scrap is not liable to excise. The contractual allocation of supply and construction between principal and contractor also determines which party bears any excise consequence. Discussion-Forum Central Excise Tue, 05 Apr 2016 11:21:27 +0530 https://www.taxtmi.com/forum/issue?id=110140