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Central Excise - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Interest on reversal of cenvat credit - Wherever Cenvat credit ...


No Interest on Unused Cenvat Credit; Required Only If Credit Is Utilized. Interest Demand Overturned.

July 17, 2019

Case Laws     Central Excise     AT

Interest on reversal of cenvat credit - Wherever Cenvat credit has been availed but not utilized, the interest need not be paid but it has to be paid in cases where the Cenvat credit has been taken as well as utilized - demand of interest set aside.

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