Thursday 9 January 2014

Remission of duty - Reverse pro rata input service credit as well; CCR amended

GST : Rule 3 of The Cenvat Credit Rules, 2004 - Cenvat Credit - Reversal of, In Case Duty Remitted on Final Product - Manufacturers Required to Reverse Pro Rata Credit of Input Services Also Pertaining to Final Product on Which Duty Has Been Remitted; Reversal to be Made on Monthly Basis


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