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Central Excise - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Demand of interest on reversal of Canvet Credit - only when a ...

Case Laws     Central Excise

August 1, 2016

Demand of interest on reversal of Canvet Credit - only when a debit occurs to such CENVAT account by way of utilization, would the exchequer be adversely affected, since otherwise the assessee would have to pay from account current or cash instead of adjusting from CENVAT account. - Demand of interest set aside - AT

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