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Central Excise - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Demand of interest - reversal of input as such - If the inputs ...


Interest Demand Justified for Delayed Input Clearance, Resulting in Monthly Revenue Loss and Input Credit Reversal.

October 12, 2014

Case Laws     Central Excise     AT

Demand of interest - reversal of input as such - If the inputs entering into premises of the manufacturer vanishes on the next day by clearance as such, certainly revenue suffers for the entire month - demand of interest was justified - AT

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