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Central Excise - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Capital goods - availing depreciation while availing cenvat ...


Mandatory Penalty Not Applicable for Unutilized Cenvat Credit on Capital Goods with Depreciation Claim.

July 2, 2014

Case Laws     Central Excise     AT

Capital goods - availing depreciation while availing cenvat credit - Cenvat credit lying in Cenvat credit account unutilized in that situation, mandatory penalty is not imposable. - AT

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