TMI BlogPenalty Imposed for Cenvat Credit Shortage and Possible Clandestine Clearance u/s 11AC Identified During Verification.Shortage in the stock of Cenvat credit availed of raw materials - physical verification of stock - clandestine clearance - Levy of penalty u/s 11AC confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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