https://www.taxtmi.com/highlights?id=66613 Reversal of CENVAT Credit - The waste and scrap are not manufactured goods whether they are generated at the premises of the principal manufacturer or at the premises of job-worker and accordingly, the legislature have consciously not made any provisions for reversal of any credit taken on duty paid inputs in case of clearance of waste and scrap and/or, there non-return from the job worker’s premises under the Central Excise Rules, 2002 read with Cenvat Credit Rules, 2002/2004. - AT en-us Fri, 18 Nov 2022 10:33:22 +0530 Fri, 18 Nov 2022 10:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66613 Reversal of CENVAT Credit - The waste and scrap are not manufactured goods whether they are generated at the premises of the principal manufacturer or at the premises of job-worker and accordingly, the legislature have consciously not made any provisions for reversal of any credit taken on duty paid inputs in case of clearance of waste and scrap and/or, there non-return from the job worker’s premises under the Central Excise Rules, 2002 read with Cenvat Credit Rules, 2002/2004. - AT Highlights Central Excise Fri, 18 Nov 2022 10:33:22 +0530 https://www.taxtmi.com/highlights?id=66613