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Central Excise - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Enhancement of penalty -It is borne on record that the CENVAT ...


CENVAT Credit Reversal: Court Rules Increased Penalty Unjustifiable After Prompt Compliance by Appellant.

January 8, 2013

Case Laws     Central Excise     AT

Enhancement of penalty -It is borne on record that the CENVAT credit of CVD taken by the appellant was reversed by them soon after the changed circumstances were noted by them. The enhancement of penalty by the lower appellate authority is, therefore, not justifiable. - AT

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