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Central Excise - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

CENVAT Credit - removal of inputs as such - input or not - once ...


Reversing CENVAT Credit on Inputs Treated as Never Availed, Assessee Not Liable for Irregular Availment Charges.

February 18, 2019

Case Laws     Central Excise     AT

CENVAT Credit - removal of inputs as such - input or not - once cenvat credit availed is reversed, it is to be considered as ab initio not availed - the assessee cannot be held to have availed cenvat credit irregularly in respect of inputs cleared as such.

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