Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Kudos Chemie Ltd. Versus Commr. of C. Ex. & S.T., Chandigarh-II

2015 (9) TMI 1442 - CESTAT NEW DELHI

Penalty imposed under Rule 15 of the Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act - irregular Cenvat credit - Held that:- Taking of irregular Cenvat credit and subsequent reversal thereof in the circumstances of the pres .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y availed Cenvat credit and paid the interest therein, it is of the considered view that the appellant should get the benefit of the provisions of Section 11A(2B) of the Central Excise Act, for non-imposition of penalty. - Decided in favour of assess .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

d order dated 15-3-2015 passed by the Commissioner (Appeals), Central Excise, Chandigarh-II, wherein penalty imposed under Rule 15 of the Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act in the adjudication order dated 4-4-2 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

eversal particulars were duly intimated to the Central Excise Department. The appellant submits that before issuance of SCN, the entire amount of irregular Cenvat credit along with interest has been paid and subsequent to payment of such amount, the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ssuance of the SCN, the appellant should get the benefit of Section 11A(2B) of the Central Excise Act, 1944, according to which no notice shall be issued for imposition of penalty and further the proceedings have to be closed for all practical and st .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

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

Go to Mobile Version