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Central Excise - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Demand of Interest - CENVAT Credit - The interest must be ...


Interest on CENVAT Credit: Rules Change Post-March 16, 2012; Applies Only When Credit is Taken and Utilized.

February 11, 2020

Case Laws     Central Excise     AT

Demand of Interest - CENVAT Credit - The interest must be calculated as per law i.e. up to 16th March 2012 only in respect of CENVAT credit which has been taken but not utilised and thereafter only if CENVAT credit has been taken and also utilised

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