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Central Excise - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Duty demand - revenue neutrality - since the goods were cleared ...

Central Excise

December 23, 2015

Duty demand - revenue neutrality - since the goods were cleared to sister concern whatever duty payable and availed as credit to their own unit hence entire exercise would be revenue neutrality - if the ultimate exercise benefited the Revenue by collection of duty and in that case, no such benefit accrues to exchequer. - AT

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