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Waste and Scrap are not Manufactured Goods, No provisions for Reversal of Credit taken on Duty-paid inputs for Clearance of Waste and Scrap

The Kolkata Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that waste and Scrap are not manufactured goods and no provisions for reversal of credit taken on duty-paid inputs for clearance of waste and scrap.

Source Taxscan

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