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Central Excise - Highlights / Catch Notes

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CENVAT Credit - inputs - manufacture took place or not - payment ...


CENVAT Credit: No Recovery Needed When Credit Utilization Equals Reversal in Central Excise Context.

September 9, 2023

Case Laws     Central Excise     AT

CENVAT Credit - inputs - manufacture took place or not - payment of duty of excise - In effect, therefore, the utilization of credit for cleared products is tantamount to reversal and, hence, recovery of such credit is an exercise in superfluity. - AT

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