If the capital goods are cleared as Waste and Scrap, the manufacturer shall pay an amount equal to
the duty leviable on transaction value.
The buyer will be able to take credit of such amount
(clause (b) of sub-rule (5A) as read with rule 3(6))
Capital Goods removed as Waste or Scrap in CCR:
Last updated at April 16, 2024 by Teachoo
