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Service Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

CENVAT Credit - utilization in excess of 20% - The appellant ...

Case Laws     Service Tax

January 25, 2019

CENVAT Credit - utilization in excess of 20% - The appellant would be required to discharge interest on the excess utilization of the cenvat credit in a particular month at the applicable rate - there is no justification in imposing penalty or directing recovery of the credit.

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