<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>CENVAT Credit Reversal: Court Rules Increased Penalty Unjustifiable After Prompt Compliance by Appellant.</title>
    <link>https://www.taxtmi.com/highlights?id=6428</link>
    <description>Enhancement of penalty -It is borne on record that the CENVAT credit of CVD taken by the appellant was reversed by them soon after the changed circumstances were noted by them. The enhancement of penalty by the lower appellate authority is, therefore, not justifiable. - AT</description>
    <language>en-us</language>
    <pubDate>Tue, 08 Jan 2013 10:17:18 +0530</pubDate>
    <lastBuildDate>Tue, 08 Jan 2013 10:17:18 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=296936" rel="self" type="application/rss+xml"/>
    <item>
      <title>CENVAT Credit Reversal: Court Rules Increased Penalty Unjustifiable After Prompt Compliance by Appellant.</title>
      <link>https://www.taxtmi.com/highlights?id=6428</link>
      <description>Enhancement of penalty -It is borne on record that the CENVAT credit of CVD taken by the appellant was reversed by them soon after the changed circumstances were noted by them. The enhancement of penalty by the lower appellate authority is, therefore, not justifiable. - AT</description>
      <category>Highlights</category>
      <law>Central Excise</law>
      <pubDate>Tue, 08 Jan 2013 10:17:18 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=6428</guid>
    </item>
  </channel>
</rss>