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Central Excise - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Cenvat credit on common services stand reversed with interest, ...


Cenvat credit reversal with interest confirms no initial availment; no demand u/r 6(3)(b) justified.

July 28, 2016

Case Laws     Central Excise     AT

Cenvat credit on common services stand reversed with interest, and hence, it is to be presumed as not having been taken up initio. In such a case there will be no justification for any demand under Rule 6 (3) (b) of the Cenvat Credit Rules - AT

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