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Central Excise - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Penalty - reversal of CENVAT credit when manufactured goods if ...


Penalty Not Applicable for Reversal of Unutilized CENVAT Credit on Exempt Manufactured Goods.

July 26, 2019

Case Laws     Central Excise     AT

Penalty - reversal of CENVAT credit when manufactured goods if exempt - The question of imposition of penalty also does not arise when admittedly the amount of cenvat credit availed is lying unutilised till date in the assessee’s account

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