TMI BlogInterest on unutilized reversed credit entry - The erstwhile Rule 14 of the Cenvat Credit Rules read as...Interest on unutilized reversed credit entry - The erstwhile Rule 14 of the Cenvat Credit Rules read as “taken or utilised”, which had been amended and substituted by the words “taken and utilised” - substantive benefit cannot be denied to the appellant - Demand of interest waived. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|