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Central Excise - Highlights / Catch Notes

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CENVAT Credit - supplementary invoices - In the present case ...


CENVAT Credit Allowed on Supplementary Invoices for Stock Transfers Between Sister Concerns; Revenue Neutral Transaction.

June 26, 2021

Case Laws     Central Excise     AT

CENVAT Credit - supplementary invoices - In the present case there is no sale of goods, but the differential duty has been paid on stock-transfer of goods by the sister concern to the appellant-assessee - the entire exercise is revenue neutral and therefore Cenvat credit cannot be denied on the supplementary invoices issued to the sister concern for the differential duty paid - AT

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