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Central Excise - Highlights / Catch Notes

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CENVAT Credit - Target Plus Scheme - credit was challenged by ...


CENVAT Credit Valid Despite Target Plus Scheme Abolition; Effective Under Notification No. 32/2005-Cus, Condition No. 7 Applies.

November 18, 2019

Case Laws     Central Excise     AT

CENVAT Credit - Target Plus Scheme - credit was challenged by the Revenue on the ground that since Target Plus scheme is discontinued with effect from 01.04.2006, benefit of such scheme was not available - Notification No. 32/2005-Cus is continue even after abolition of Target Plus scheme under condition No. 7 clearly permits availment credit of addition duty paid.

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