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Central Excise - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Demand of interest on reversal of CENVAT Credit - simply ...


Interest on Reversed CENVAT Credit Applies u/r 14, Even if Settled by Settlement Commission, Court Rules.

November 18, 2015

Case Laws     Central Excise     AT

Demand of interest on reversal of CENVAT Credit - simply because the case was settled by Settlement Commission interest provision will not vary, Rule 14 is applicable irrespective whether it is a case settled by Settlement Commissioner or otherwise therefore on this ground Hon’ble Apex Court judgment can not be distinguished - AT

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