Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Central Excise - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Recredit of CENVAT Credit previously reversed - Disallowance of ...


Court Allows Recredit of CENVAT Credit on LDO/Furnace Oil Due to Lack of Prompt Objection from Authorities.

December 4, 2015

Case Laws     Central Excise     HC

Recredit of CENVAT Credit previously reversed - Disallowance of credit on LDO/furnace oil - SCN issued for recredit without proper authoriation - If the authority had any objection they should have immediately asked the appellant for further clarifications, which in the instant case was not done - recredit allowed - HC

View Source

 


 

You may also like:

  1. Reversal of Input Tax Credit (ITC) on furnace oil and LSHS oil - the furnace oil was used in the process of manufacturing of the final product and it has to be treated...

  2. Refund of CENVAT credit and interest paid due to wrong direction of the audit authorities - appellant allowed to take recredit of the CENVAT credit reversed along with...

  3. CENVAT Credit - if the job worker has taken any input credit on furnace oil which has been used in the job work goods and same has been cleared without payment of duty...

  4. The case involves eligibility of CENVAT Credit on input services for output services including short-term accommodation, restaurant, rent-a-cab, and consultancy services....

  5. Cenvat Credit - appellants are entitled for input service credit on real estate agent - Credit allowed - AT

  6. Levy of penalty - re-credit of CENVAT Credit - Furnace Oil used as “fuel” in the manufacture of both dutiable and exempt goods (Wood Pulp) - re-taking of the credit by...

  7. Refund of Cenvat Credit vs Re-Credit of Cenvat Credit - Once the duty has been paid in cash, earlier payments made through Cenvat Account are liable to be re-credited in...

  8. Refund of unutilized Cenvat credit - Other than Rule 5 of Cenvat Credit Rules, there is no other provision either in Cenvat Credit Rules, 2004 or in Central Excise...

  9. CENVAT credit - input service - Business Auxiliary Service relating to sales commission - credit allowed - AT

  10. Cenvat Credit - input services - Management Consultancy Services - nexus with manufacturing activity established - credit allowed - HC

  11. Cenvat Credit - input services - services of empty containers sent back to the yard - credit allowed - AT

  12. Denial of CENVAT CRedit - Nexus with manufacture - credit taken on supplementary invoices allowed - AT

  13. Eligibility for CENVAT credit – Renting of Car Parking Space - credit allowed - AT

  14. Cenvat Credit - Input Services - commission agent service - nexus with manufacturing - credit allowed - AT

  15. Cenvat Credit - Input services - export of goods - CHA service - rent-a-cab service - credit allowed - AT

 

Quick Updates:Latest Updates