Author: BigMint Technologies Pvt Ltd
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India: Government issues Clarification Circular for CENVAT Credit in Transit Sale
The Indian government, on 5 May’15, released a circular for clarification regarding new proviso in CENVAT Credit Rule in transit sale through dealer. In clarification to Notification No. 8/2015 – Central Excise (NT) dated 1 Mar’15 amending Central Excise Rules, 2002 (CER), the government has issued a circular of clarification to the new proviso inserted…