Irregular availment of capital goods credit availed on the CVD ...
Penalty Waived: No Suppression Found in CVD Credit Case Under EPCG Scheme; Section 11AC Not Applied.
July 15, 2015
Case Laws Central Excise AT
Irregular availment of capital goods credit availed on the CVD paid on the imported capital goods cleared under EPCG licence - no suppression of facts by the appellants with deliberate intention to evade duty - Penalty levied u/s 11AC waived - AT
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