Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2014 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (11) TMI 157 - AT - Central ExciseAvailment of ineligible cenvat credit - whether extended period of limitation under Section 11A of the Central Excise is applicable to the facts and circumstances of this case - Held that:- returns were filed promptly. In the returns it is clearly mentioned that they availed credit under the aforesaid rules. The audit party accepted the same. It is only in the second audit that they noticed the mistake and initiated proceedings. Therefore, in the light of the aforesaid facts none of the other conditions prescribed in the Proviso exists in this case to extend the period of limitation of 5 years. - Extended period is not applicable in the present proceedings - Decided in favor of assessee.
|