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Central Excise - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Once the fact of reversal of cenvat credit is indicated in their ...


Reversal of Cenvat credit in returns not a misstatement; extended recovery period inapplicable for Central Excise duty.

November 19, 2013

Case Laws     Central Excise     AT

Once the fact of reversal of cenvat credit is indicated in their periodical returns, then it cannot be held that there was any misstatement or suppression with intention to evade Central Excise duty and accordingly extended period cannot be made applicable. - AT

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