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Central Excise - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

If the cumulative credit in respect of all the duties is to the ...

Central Excise

December 15, 2015

If the cumulative credit in respect of all the duties is to the extent of ₹ 100 and if an asseessee has paid ₹ 120/- at the time of clearance of such inputs, it can be safely concluded that the entire credit stands reversed by him. There cannot be any further requirement of reversal of SAD component separately. - AT

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