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Central Excise - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

CENVAT credit of NCCD paid on Partially Oriented Polyester Yarn ...


Examining CENVAT Credit on NCCD Paid for Polyester Yarn: Duty Exemption vs. CENVAT Credit Benefits and Revenue Impact.

November 24, 2016

Case Laws     Central Excise     AT

CENVAT credit of NCCD paid on Partially Oriented Polyester Yarn (POY) - Simultaneous availment of duty exemption and benefit of cenvat credit militates against the very object of NCCD levy and would lead to huge leakages in revenue - AT

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