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Central Excise - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Reversal of credit / payment of duty - removal of inputs as such ...


Clarification on Duty Reversal: Deeming Fictions in Excise Law Can't Exceed Cenvat Credit Taken.

February 21, 2017

Case Laws     Central Excise     AT

Reversal of credit / payment of duty - removal of inputs as such - Merely because deeming fictions is given in rule for the purpose of procedure it does not empower to Revenue to charge the duty over and above the duty equivalent to the Cenvat Credit availed - AT

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