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Central Excise - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Reversal of Credit - Since on receipt of the goods in the ...


Appellant Must Reverse Cenvat Credit Taken on Goods Removed from Factory Based on Original Invoice Duty Amount.

November 17, 2018

Case Laws     Central Excise     AT

Reversal of Credit - Since on receipt of the goods in the factory, the appellant had availed Cenvat Credit of the duty amount indicated in the original invoices issued to the godown, the appellant was required to pay/reverse the equal amount of Cenvat Credit so availed, at the time of removal of the same goods

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