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Central Excise - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

CENVAT Credit - excessive credit passed by the dealer - Through ...


Dealer Penalized for Fraudulently Passing Excessive CENVAT Credit at 12% Instead of 8.

September 25, 2014

Case Laws     Central Excise     AT

CENVAT Credit - excessive credit passed by the dealer - Through credit @ 8% was availed, however credit @ 12% has been passed by way of illegal means. Fraudulent intent is clearly manifested - penalty levied - AT

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