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Central Excise - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Utilisation of Cenvat credit - Compounded Levy Scheme – Cenvat ...


Court Finds No Revenue Loss as Respondents Use Cenvat Credit to Discharge Duty Liabilities Under Compounded Levy Scheme.

November 13, 2013

Case Laws     Central Excise     HC

Utilisation of Cenvat credit - Compounded Levy Scheme – Cenvat account of the respondents had sufficient credit and they discharged their duty liability through the same instead of making payment through PLA - there is neither loss to the revenue nor there is evasion of duty - HC

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