Cenvat credit on chewing tobacco permitted in bulk packs with specified utilisation, recordkeeping and recovery obligations. Manufacturers of chewing tobacco and Jarda scented tobacco notified under the Act may take CENVAT credit on such goods in bulk packs for specified excise duties and cesses; credit may be taken on receipt and utilised subject to the available balance on the last day of the preceding month and earmarked utilisation for corresponding cesses. Credit requires an invoice and detailed records; the manufacturer bears the burden of proof. Wrongful credit leads to recovery with interest, application of recovery provisions, confiscation of bulk packs and penalties, including enhanced penalties for fraud or suppression.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Cenvat credit on chewing tobacco permitted in bulk packs with specified utilisation, recordkeeping and recovery obligations.
Manufacturers of chewing tobacco and Jarda scented tobacco notified under the Act may take CENVAT credit on such goods in bulk packs for specified excise duties and cesses; credit may be taken on receipt and utilised subject to the available balance on the last day of the preceding month and earmarked utilisation for corresponding cesses. Credit requires an invoice and detailed records; the manufacturer bears the burden of proof. Wrongful credit leads to recovery with interest, application of recovery provisions, confiscation of bulk packs and penalties, including enhanced penalties for fraud or suppression.
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