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Central Excise - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Penalty u/s 11AC - CENVAT Credit - Suo moto reversal of wrongly ...


Show Cause Notice Unwarranted: Penalty u/s 11AC for CENVAT Credit Reversal Deemed Improper.

June 19, 2015

Case Laws     Central Excise     AT

Penalty u/s 11AC - CENVAT Credit - Suo moto reversal of wrongly availed duty - Since show cause notice was not supposed to be issued, consequential penalty should not have been imposed. - AT

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