Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (3) TMI 986 - AT - Central Excise100% EOU - restoration of CENVAT credit debited earlier - whether the appellant is eligible to take re-credit of the CENVAT credit of ₹ 10,25,541/- debited earlier in the month of March 2008 for clearance of the imported raw material as such, after the equivalent amount was paid later through cash on 02.04.2009? - Held that: - the duty amount which was paid earlier by reversing the CENVAT Credit Account, on found to be irregular, when paid subsequently through cash, it is an adjustment of book entry and accordingly, the appellant are eligible to take credit of the amount of ₹ 10,25,541/- in their CENVAT Credit Account paid/reversed earlier - refund allowed - appeal dismissed - decided against Revenue.
|