Telecom Co. not required to pay any amount or reverse credit on clearing batteries as waste and scrap before shelf life amp; without breaking : CESTAT

EXCISE/ST/VAT : Telecom companies which are output service provider, are not required to pay any amount or to reverse Cenvat credit in terms of Rule 3(5A) of Cenvat Credit Rules, 2004 when they clear telecom batteries as waste and scrap without breaking and prior to their usual prescribed shelf life during period from 27-9-2013 to 31-3-2015EXCISE/ST/VAT : Telecom companies which are output service provider, are not required to pay any amount or to reverse Cenvat credit in terms of Rule 3(5A) of Cenvat Credit Rules, 2004 when they clear telecom batteries as waste and scrap without breaking and prior to their usual prescribed shelf life during period from 27-9-2013 to 31-3-2015www.taxmann.com Latest Case LawsRead More

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