https://www.taxtmi.com/forum/issue?id=113201 Where capital goods are partially written off in the books, the credit attributable to the written off portion must be reversed proportionately under the Cenvat regime; although some contend full credit remains admissible if the asset is not derecognised, a subsequent partial write off triggers a proportionate reversal obligation. en-us Thu, 14 Dec 2017 22:23:39 +0530 Thu, 23 Jan 2025 15:55:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113201 Where capital goods are partially written off in the books, the credit attributable to the written off portion must be reversed proportionately under the Cenvat regime; although some contend full credit remains admissible if the asset is not derecognised, a subsequent partial write off triggers a proportionate reversal obligation. Discussion-Forum Central Excise Thu, 14 Dec 2017 22:23:39 +0530 https://www.taxtmi.com/forum/issue?id=113201