Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (10) TMI 1142 - CESTAT AHMEDABAD

2015 (10) TMI 1142 - CESTAT AHMEDABAD - TMI - Denial of CENVAT Credit - credit on CVD debited from DEPB scrips - Held that:- It is a selective nature of audit and cannot be established the knowledge of the Department. On perusal of the impugned order, I find that the Respondent had filed the monthly returns for the months of June, 2004 and July, 2004 under Rule 7 of Cenvat Credit Rules, and the details like Bill of entry No., date, name of the supplier, description of the goods, tariff heading N .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Commissioner (Appeals), where the demand of duty was set-aside as time barred. None appears on behalf of the Respondent. 2. After hearing the learned Authorised Representative for the Revenue and on perusal of the records, I find that, the Respondent availed CENVAT credit of CVD debited from DEPB scrips issued under notification No. 34/97 - Cus and 45/02 - Cus dated 24.02.2002. The Adjudicating Authority disallowed the credit on the ground that prior to amendment of Foreign Trade Policy w.e.f. .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

eded on the basis of the verification referred by the audit party. It is a selective nature of audit and cannot be established the knowledge of the Department. On perusal of the impugned order, I find that the Respondent had filed the monthly returns for the months of June, 2004 and July, 2004 under Rule 7 of Cenvat Credit Rules, and the details like Bill of entry No., date, name of the supplier, description of the goods, tariff heading No., duty paid etc. were shown. In any event, there is a de .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version