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Service Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Reversal of cenvat credit - Input Service - the deposit by way ...


CENVAT Credit Reversal on Input Service Not a Delayed Deposit; No Interest or Penalties Imposed.

September 3, 2018

Case Laws     Service Tax     AT

Reversal of cenvat credit - Input Service - the deposit by way of reversal cannot be held to be a delayed deposit. Thus, question of any interest and penalty thereof does not at all arise.

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