INTEREST AND PENAL PROVISIONS - Under the Cenvat credit Rules, 2004:

INTEREST AND PENAL PROVISIONS - Under the Cenvat credit Rules, 2004: https://www.taxtmi.com/manuals?id=755 Under the Cenvat Credit Rules, 2004, wrongful availment or erroneous refund of cenvat credit attracts interest on recovery; Rule 15 prescribes monetary penalties and confiscation for wrongful availment and aggravated penalties where credit is obtained by fraud, collusion, or suppression; Rule 15A prescribes fixed penalties for other contraventions. en-us Sun, 22 Jul 2012 12:11:00 +0530 Sun, 22 Jul 2012 12:11:00 +0530 TaxTMI RSS Generator INTEREST AND PENAL PROVISIONS - Under the Cenvat credit Rules, 2004: https://www.taxtmi.com/manuals?id=755 Under the Cenvat Credit Rules, 2004, wrongful availment or erroneous refund of cenvat credit attracts interest on recovery; Rule 15 prescribes monetary penalties and confiscation for wrongful availment and aggravated penalties where credit is obtained by fraud, collusion, or suppression; Rule 15A prescribes fixed penalties for other contraventions. Manuals Central Excise Sun, 22 Jul 2012 12:11:00 +0530 https://www.taxtmi.com/manuals?id=755