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Central Excise - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Effect of amendment in the notification - Scope of the term ...


Amendment Clarifies "Substitute" Scope for Cenvat Credit Refund; Relevant Date is Payment Receipt in Foreign Exchange.

August 8, 2020

Case Laws     Central Excise     HC

Effect of amendment in the notification - Scope of the term "Substitute" - Refund of Cenvat credit - time limitation - relevant date for filing refund claim - the reasoning of the respondent adduced in the impugned order that the relevant date would be the date of receipt of payment in convertible foreign exchange and thereby, the findings that the application was time barred, cannot be found fault with. - HC

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