Levy of interest and penalty on reversal of CENVAT credit - they ...

Erroneous CENVAT credit reversal leads to upheld interest charge but penalty relief granted.

November 27, 2015

Case Laws Service Tax AT

Levy of interest and penalty on reversal of CENVAT credit - they had only taken the CENVAT credit erroneously but had sufficient balance in their account of CENVAT credit - appeal does not succeed on the issue of interest but the appellant will get relief on the penalty part - AT

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Levy of interest and penalty on reversal of CENVAT credit - they ...

Erroneous CENVAT credit reversal leads to upheld interest charge but penalty relief granted.

November 27, 2015

Case Laws Service Tax AT

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