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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

CENAVT credit - Credit availed based on only Invoices - ...


Manufacturers Must Verify Cenvat Credit Eligibility Before Claiming; Penalty Upheld for Non-compliance.

September 14, 2013

Case Laws     Central Excise     AT

CENAVT credit - Credit availed based on only Invoices - Reasonable steps - The manufacturers / manufacturing units cannot shirk away from the responsibility of availing the ineligible Cenvat credit on the face of it. - penalty confirmed - AT

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