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Central Excise - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

CENVAT credit - levy of penalty - it was only with the insertion ...


Penalty Dropped Due to Late Clarity on CENVAT Credit Ineligibility After Rule 6(3) Explanation III Addition.

November 12, 2018

Case Laws     Central Excise     AT

CENVAT credit - levy of penalty - it was only with the insertion of Explanation III in rule 6(3) of CENVAT Credit Rules, 2004 that the ineligibility became unambiguously clear - penalty not warranted.

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