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Service Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Interest - penalty - reversal of irregularly availed credit - ...


Appellant Not Liable for Interest and Penalty on Reversed Credit Before Use; Irregular Credit Issue Resolved.

February 13, 2017

Case Laws     Service Tax     AT

Interest - penalty - reversal of irregularly availed credit - whether the appellant is liable to pay the interest and penalty for the irregularly availed credit, which was reversed prior to utilisation according to the appellant? - Held No - AT

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