Cenvat Credit Rule 4(5)(a): No Duty on Unreturned Scrap from Job Worker's Premises; Streamlines Scrap Management in Job Work.

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....Cenvat Credit - Job Work - in view of the provisions of Rule 4(5)(a) of the Cenvat Credit Rules, 2004, there is no requirements made either for return of scrap from the premises of the job-worker or for payment of duty in case of non-return of the scrap. - AT....