Reversing input credit negates need to reverse 8% or 10% value u/r 57 AH/Cenvat Credit Rules.

Reversing input credit negates need to reverse 8% or 10% value u/r 57 AH/Cenvat Credit Rules. https://www.taxtmi.com/highlights?id=33988 Cenvata Credit - Once the credit of inputs used in exempted goods stands reversed, the demand for reversal of 8%/10% amount of value of exempted goods in terms of Rule 57 AH or Rule 6 of CCR does not sustain. - AT en-us Sat, 25 Mar 2017 09:04:37 +0530 Sat, 25 Mar 2017 09:04:37 +0530 TaxTMI RSS Generator Reversing input credit negates need to reverse 8% or 10% value u/r 57 AH/Cenvat Credit Rules. https://www.taxtmi.com/highlights?id=33988 Cenvata Credit - Once the credit of inputs used in exempted goods stands reversed, the demand for reversal of 8%/10% amount of value of exempted goods in terms of Rule 57 AH or Rule 6 of CCR does not sustain. - AT Highlights Central Excise Sat, 25 Mar 2017 09:04:37 +0530 https://www.taxtmi.com/highlights?id=33988