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Central Excise - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Recovery of re-credited amount alongwith Interest and penalty - ...


Recovery of Re-credited Amount with Interest and Penalty Unsustainable After Consolidated Reversal of CENVAT Credit Entries Post Duty Payment.

November 13, 2018

Case Laws     Central Excise     AT

Recovery of re-credited amount alongwith Interest and penalty - Consolidated reversal of the individual debit entries in the CENVAT credit account upon discharge of duty liability for the second time on clearance to customers - Recovery proceedings cannot sustain.

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