CENVAT credit on light diesel oil: department to file SLP and keep show cause notices pending to safeguard revenue. CENVAT credit on stock of Light Diesel Oil is under challenge after a departmental circular was set aside by the High Court; the Department will file a Special Leave Petition in the Supreme Court. Pending that appeal, unadjudicated show cause notices are to be kept pending, and other show cause notices may be issued to safeguard revenue but kept pending.
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CENVAT credit on light diesel oil: department to file SLP and keep show cause notices pending to safeguard revenue.
CENVAT credit on stock of Light Diesel Oil is under challenge after a departmental circular was set aside by the High Court; the Department will file a Special Leave Petition in the Supreme Court. Pending that appeal, unadjudicated show cause notices are to be kept pending, and other show cause notices may be issued to safeguard revenue but kept pending.
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