https://www.taxtmi.com/forum/issue?id=110143 Rule 21 of the Central Excise Rules, 2002 contains no prescribed time limit for applying for remission of duty. When duty is remitted on destroyed or otherwise unfit manufactured goods, the assessee must reverse the proportionate CENVAT credit attributable to inputs and input services under the Cenvat Credit Rules, 2004. Scrap that is treated and classifiable as a finished product is subject to duty and therefore to the reversal obligation; scrap not treated as a finished product is not dutiable and does not attract reversal. en-us Tue, 05 Apr 2016 15:21:53 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110143 Rule 21 of the Central Excise Rules, 2002 contains no prescribed time limit for applying for remission of duty. When duty is remitted on destroyed or otherwise unfit manufactured goods, the assessee must reverse the proportionate CENVAT credit attributable to inputs and input services under the Cenvat Credit Rules, 2004. Scrap that is treated and classifiable as a finished product is subject to duty and therefore to the reversal obligation; scrap not treated as a finished product is not dutiable and does not attract reversal. Discussion-Forum Central Excise Tue, 05 Apr 2016 15:21:53 +0530 https://www.taxtmi.com/forum/issue?id=110143