Cenvat Credit Rule 16(1) Applies to Buy-Back of Non-Usable Batteries; Excise Duty Paid on Processed Materials.

Cenvat Credit Rule 16(1) Applies to Buy-Back of Non-Usable Batteries; Excise Duty Paid on Processed Materials. https://www.taxtmi.com/highlights?id=31944 Rule 16(1) of Cenvat Credit Rules, 2002 - buy-back of non-usable batteries - retrieved material of old batteries underwent certain processes and was cleared as new battery and as waste/scrap on payment of duty of Central Excise - credit allowed - AT en-us Thu, 03 Nov 2016 13:43:42 +0530 Thu, 03 Nov 2016 13:43:42 +0530 TaxTMI RSS Generator Cenvat Credit Rule 16(1) Applies to Buy-Back of Non-Usable Batteries; Excise Duty Paid on Processed Materials. https://www.taxtmi.com/highlights?id=31944 Rule 16(1) of Cenvat Credit Rules, 2002 - buy-back of non-usable batteries - retrieved material of old batteries underwent certain processes and was cleared as new battery and as waste/scrap on payment of duty of Central Excise - credit allowed - AT Highlights Central Excise Thu, 03 Nov 2016 13:43:42 +0530 https://www.taxtmi.com/highlights?id=31944