Cenvat credit is taken as soon as inputs are received in factory or input services are paid for. In some cases, Cenvat credit may have to be reversed. Reversal under rule 6 – If a manufacturer manufactures exempted as well…
Cenvat credit is taken as soon as inputs are received in factory or input services are paid for. In some cases, Cenvat credit may have to be reversed. Reversal under rule 6 – If a manufacturer manufactures exempted as well…