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Central Excise - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Reversal of CENVAT Credit - Re-classification of goods - ...

Case Laws     Central Excise

September 22, 2015

Reversal of CENVAT Credit - Re-classification of goods - classification has been changed only to ensure that they are in a position to take higher credit and pay lower duty. - there is clear cut suppression of fact and wilful misstatement - in view of the fact and circumstances, extended period of limitation has been correctly invoked. - AT

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