Must Modvat/Cenvat Credit Be Reversed for Duty-Exempt Final Products? Exploring Input Use in Manufacturing.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Whether the Modvat/Cenvat credit on the inputs in process and in finished products is liable to be reversed/paid back when the final product becomes exempt from payment of duty - HC....