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Central Excise - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Claim of refund of amount of cenvat credit reversed - Compounded ...


Refund Allowed for Reversed CENVAT Credit Under Compounded Levy Scheme; Credit on Stock Inputs and Finished Goods Valid.

June 23, 2016

Case Laws     Central Excise     AT

Claim of refund of amount of cenvat credit reversed - Compounded Levy Scheme opted - the credit of duty taken and utilized in respect of not only inputs in stock, but also contained in finished products as on the date of introducing, the Compounded Levy Scheme is not recoverable - refund allowed - AT

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