Restriction on CENVAT credit utilisation to address evasion and misuse, permitting withdrawal of facilities and suspension. The inserted clause empowers authorities to provide for withdrawal of facilities, imposition of restrictions (including restrictions on utilisation of CENVAT credit) on a manufacturer or exporter, and suspension of registration of a dealer for dealing with evasion of duty or misuse of CENVAT credit.
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.
Restriction on CENVAT credit utilisation to address evasion and misuse, permitting withdrawal of facilities and suspension.
The inserted clause empowers authorities to provide for withdrawal of facilities, imposition of restrictions (including restrictions on utilisation of CENVAT credit) on a manufacturer or exporter, and suspension of registration of a dealer for dealing with evasion of duty or misuse of CENVAT credit.
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