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Central Excise - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Cenvat Credit - The denial of the facility of reversal of ...


Court Rules Reversal of Proportionate Cenvat Credit Lawful; Alternative to Paying 6% on Exempted Goods.

July 9, 2018

Case Laws     Central Excise     AT

Cenvat Credit - The denial of the facility of reversal of proportionate credit is not consistent with law. The appellant is entitled to such reversal as an alternative to payment of 6% of the value of exempted goods.

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