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Central Excise - Highlights / Catch Notes

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Reversal of CENVAT Credit - electricity is sold outside for ...

Central Excise

January 8, 2016

Reversal of CENVAT Credit - electricity is sold outside for consideration - proceedings have been initiated only after the decision by the Hon'ble Supreme Court in appellants case. This much has been stated in the notice as well as the impugned order. Hence, we find invoking extended period of demand alleging fraud and suppression etc on the part of the appellant is not sustainable - AT

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