FEMA borrowing restrictions bind charitable trusts, and civil penalties apply without proving intent for delayed repayment of non-resident rupee loans...
CENVAT credit - factitious purchase of raw material - fake invoices - There is no allegation by Revenue that the appellant sourced copper from any alternative source and apparently appellant have produced dutiable goods by using of copper and cleared the same on payment of duty - credit denied, however penalty waived - AT
CENVAT credit - factitious purchase of raw material - fake invoices - There is no allegation by Revenue that the appellant sourced copper from any alternative source and apparently appellant have produced dutiable goods by using of copper and cleared the same on payment of duty - credit denied, however penalty waived - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4888 
