Appeal Questions Revenue's Scrap Quantification Affecting CENVAT Credit; Mechanical Process Losses Acknowledged.

Appeal Questions Revenue's Scrap Quantification Affecting CENVAT Credit; Mechanical Process Losses Acknowledged. https://www.taxtmi.com/highlights?id=39431 CENVAT credit - the entire appeal of Revenue is based on the claim that the Commissioner has not correctly quantified the amount of scrap generated - Drawing is a mechanical process and there would be definitely a loss in end cutting/ trimming. - AT en-us Thu, 17 May 2018 07:35:51 +0530 Thu, 17 May 2018 07:35:51 +0530 TaxTMI RSS Generator Appeal Questions Revenue's Scrap Quantification Affecting CENVAT Credit; Mechanical Process Losses Acknowledged. https://www.taxtmi.com/highlights?id=39431 CENVAT credit - the entire appeal of Revenue is based on the claim that the Commissioner has not correctly quantified the amount of scrap generated - Drawing is a mechanical process and there would be definitely a loss in end cutting/ trimming. - AT Highlights Central Excise Thu, 17 May 2018 07:35:51 +0530 https://www.taxtmi.com/highlights?id=39431