Friday, 28 February 2014

Cenvat reversals to be made as per due date specified in Rule 8 of CCR

Cenvat Credit : Reversals under rule 3 of CENVAT Credit Rules, 2002 on removal of inputs as such are not to be made on 'date of removal' but on due date specified in rule 8(1) of Central Excise Rules, 2002 and no interest can be demanded if payment is made by such due date


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