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2014 (11) TMI 74 - AT - Central ExciseAdmissibility of cenvat credit - Invocation of extended period of limitation - Held that:- there is no specific mention of elements; suggesting fraud wilful misstatement etc., with intention to evade payment of duty; in the show cause notice. admissibility of cenvat credit on items used for erecting support structure of capital goods was a disputed issue on which different interpretations were being given by courts. The issue was finally settled by CESTAT Larger bench in the case of Vandana Global Ltd [2010 (4) TMI 133 - CESTAT, NEW DELHI (LB)]. Respondent had thus a bonafide belief that such credit was admissible. All the credit entries and the cenvatable documents were available with the Respondents which were examined by Internal Audit parties but only Local Audit party could raise the objection. In the above factual matrix of the facts extended period cannot be made applicable to the present case - Decided against Revenue.
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