Reversal of Cenvat Credit - applicability of Rule 6(3) of CCR - ...

Assessee Can Choose When to Reverse Cenvat Credit u/r 6(3); Revenue Cannot Enforce Specific Option.

March 2, 2023

Case Laws Central Excise AT

Reversal of Cenvat Credit - applicability of Rule 6(3) of CCR - This tribunal time and again taken a view that whether option is availed in advance or later stage it is prerogative to the assesse to choose any one of the option - Therefore, merely because the appellant at the relevant time did not opt for any of the option, revenue cannot impose upon the appellant a particular option i.e. payment of 6/7% of the value of the goods/service. - AT

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Reversal of Cenvat Credit - applicability of Rule 6(3) of CCR - ...

Assessee Can Choose When to Reverse Cenvat Credit u/r 6(3); Revenue Cannot Enforce Specific Option.

March 2, 2023

Case Laws Central Excise AT

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