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2008 (7) TMI 323 - CESTAT AHMEDABADCredit on inputs used in mfg. of “Disposable Cups” which attract Nil rate of duty under Notification No. 14/92-C.E. - Reversal of credit on inputs made by assessee after clearance of goods and by reversing the credit on a daily basis as certified by Chartered Accountant – revenue contention that assessee should have made reversal before clearance and one time debit on daily basis has not fulfilled condition of notification ibid, is not aqcceptable - appellant is eligible for exemption - fact of reversal of credit was known to the department since it had been mentioned in RG23A Part II, and classification list filed, so suppression is not proved – therefore, larger period not invocable
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