https://www.taxtmi.com/acts?id=29975 The rule permits immediate CENVAT credit on inputs upon receipt at the manufacturer's factory or job-worker premises, subject to a one-year cutoff from specified documents. Credit remains allowable when inputs are sent through successive job workers for processing provided the inputs or resulting products are returned within the prescribed period; failing return, the manufacturer must pay an amount equivalent to the credit by debiting CENVAT credit but may reclaim credit on receipt. The proper officer may authorize clearance of final products from job-worker premises under conditions, with specified timelines for payment and recovery for non-payment. en-us Thu, 06 Jul 2017 12:40:06 +0530 Thu, 06 Jul 2017 12:40:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=29975 The rule permits immediate CENVAT credit on inputs upon receipt at the manufacturer's factory or job-worker premises, subject to a one-year cutoff from specified documents. Credit remains allowable when inputs are sent through successive job workers for processing provided the inputs or resulting products are returned within the prescribed period; failing return, the manufacturer must pay an amount equivalent to the credit by debiting CENVAT credit but may reclaim credit on receipt. The proper officer may authorize clearance of final products from job-worker premises under conditions, with specified timelines for payment and recovery for non-payment. Act-Rules Central Excise Thu, 06 Jul 2017 12:40:06 +0530 https://www.taxtmi.com/acts?id=29975