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Central Excise - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Benefit of CENVAT credit - credit earned in the subsequent ...

Case Laws     Central Excise

November 18, 2015

Benefit of CENVAT credit - credit earned in the subsequent months cannot be used for payment of duty for the previous month - Such wrong utilization invites confirmation of interest which is also required to be considered as penal in nature. - With interest penalty of ₹ 10000 imposed - AT

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