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Central Excise - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Availment and utilization of CENVAT credit - returned goods - ...


Appellate Tribunal Misinterprets Rule 16(1) on CENVAT Credit for Returned Goods, Incorrectly Includes Scrapping.

December 9, 2019

Case Laws     Central Excise     HC

Availment and utilization of CENVAT credit - returned goods - Appellate Tribunal has incorrectly interpreted the scope of Rule 16(1) by bringing scrapping within the embrace of Rule 16(1) and has proceeded to legitimise the benefit of CENVAT availed by the assessee.

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