https://www.taxtmi.com/forum/issue?id=120656 Where Compensation Cess ITC was availed on capital goods, cess payable on their sale is the higher of cess on the transaction value or the proportionate cess attributable to remaining useful life calculated under Section 18(6) read with Rule 44(6); if no cess credit was availed at purchase, the proportionate reversal mechanism does not apply and cess liability is limited to the transaction value. en-us Tue, 16 Dec 2025 14:50:47 +0530 Sat, 20 Dec 2025 10:04:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120656 Where Compensation Cess ITC was availed on capital goods, cess payable on their sale is the higher of cess on the transaction value or the proportionate cess attributable to remaining useful life calculated under Section 18(6) read with Rule 44(6); if no cess credit was availed at purchase, the proportionate reversal mechanism does not apply and cess liability is limited to the transaction value. Discussion-Forum GST Tue, 16 Dec 2025 14:50:47 +0530 https://www.taxtmi.com/forum/issue?id=120656