The availment of CENVAT Credit and its utilization is akin to a ...
CENVAT Credit recognized as a fundamental right in indirect taxation, equated to cash balance for duty liabilities.
March 19, 2019
Case Laws Central Excise AT
The availment of CENVAT Credit and its utilization is akin to a fundamental right in the area of indirect taxation. It has been time and again reiterated that CENVAT Credit is as good as a cash balance, to be utilized for the discharge of duty liability in lieu of actual cash.
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