https://www.taxtmi.com/forum/issue?id=115761 Where CENVAT credit was availed on moulds that are subsequently supplied or returned to the customer without charging duty, the availing party must reverse the input tax credit proportionately when supplying the moulds back; under the GST regime, tool amortisation is not subject to GST, but historic CENVAT/input tax credit require the described reversal on transfer. en-us Tue, 10 Dec 2019 16:11:07 +0530 Thu, 23 Jan 2025 15:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115761 Where CENVAT credit was availed on moulds that are subsequently supplied or returned to the customer without charging duty, the availing party must reverse the input tax credit proportionately when supplying the moulds back; under the GST regime, tool amortisation is not subject to GST, but historic CENVAT/input tax credit require the described reversal on transfer. Discussion-Forum Central Excise Tue, 10 Dec 2019 16:11:07 +0530 https://www.taxtmi.com/forum/issue?id=115761