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Central Excise - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Interest on unutilized reversed credit entry - The erstwhile ...

September 23, 2019

Case Laws     Central Excise     AT

Interest on unutilized reversed credit entry - The erstwhile Rule 14 of the Cenvat Credit Rules read as “taken or utilised”, which had been amended and substituted by the words “taken and utilised” - substantive benefit cannot be denied to the appellant - Demand of interest waived.

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