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Central Excise - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Cenvat credit - realising the mistake, the assesee took steps ...


Assessee Corrects Depreciation Error, Pays Duty and Interest, Avoids Penalty u/s 11AC.

September 21, 2012

Case Laws     Central Excise     HC

Cenvat credit - realising the mistake, the assesee took steps to withdraw the claim of depreciation and since that did not materialise, the assessee offered to pay the duty with interest. - No penalty u/s 11AC - HC

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