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Central Excise - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Recovery of deemed Cenvat Credit availed through fraudulent ...


No Penalty for Banking Company in Fraudulent Cenvat Credit Case; Rule 27 Penalty Imposed Elsewhere.

June 26, 2012

Case Laws     Central Excise     AT

Recovery of deemed Cenvat Credit availed through fraudulent bills - penalty under Rule 27 imposed - liability of bank - no penalty can be imposed on the banking company - AT

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