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Central Excise - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Effect of Notification - Retrospective or Prospective effect - ...


Debate on CENVAT Credit Notification: Retrospective or Prospective Effect? Circular's Retrospective Application Contradicts Statute.

May 17, 2019

Case Laws     Central Excise     AT

Effect of Notification - Retrospective or Prospective effect - CENVAT Credit - capital goods - The Circular as relied upon by the Department to give this Notification a retrospective effect is not binding and in fact cannot be looked into in view of the statute itself.

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