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Central Excise - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Invocation of extended period of limitation - it could very ...


Court Sets Aside Demand Due to Assessee's Reasonable Belief in Cenvat Credit Availability, Extended Limitation Not Invoked.

May 19, 2014

Case Laws     Central Excise     HC

Invocation of extended period of limitation - it could very well be seen that the assessee had a decision in his favour and therefore it was reasonable on its part to hold a belief that the Cenvat credit was available. - demand set aside - HC

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