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Central Excise - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

CENVAT credit - issue of credit notes/debit notes - there is no ...


Central Excise Act: No automatic duty adjustment for transaction value changes via credit/debit notes. CENVAT credit remains unaffected.

October 28, 2017

Case Laws     Central Excise     AT

CENVAT credit - issue of credit notes/debit notes - there is no such provision in the scheme of the Central Excise Act and the Rules thereunder that on subsequent alteration of transaction value, there results an automatic adjustment in the duty payable

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