Appellant's Failure to Reverse Wrongful Cenvat Credit Shows Malafide Intent, Violating Tax Regulations in 2009.

Appellant's Failure to Reverse Wrongful Cenvat Credit Shows Malafide Intent, Violating Tax Regulations in 2009. https://www.taxtmi.com/highlights?id=18663 The fact of wrongful availment of Cenvat credit came in the knowledge of the appellant in October 2009 and thereafter they have stopped taking the credit - but failed to reverse the credit, this act of the appellant would amount to malafide intention to avail inadmissible credit. - AT en-us Fri, 23 May 2014 13:18:05 +0530 Fri, 23 May 2014 13:18:05 +0530 TaxTMI RSS Generator Appellant's Failure to Reverse Wrongful Cenvat Credit Shows Malafide Intent, Violating Tax Regulations in 2009. https://www.taxtmi.com/highlights?id=18663 The fact of wrongful availment of Cenvat credit came in the knowledge of the appellant in October 2009 and thereafter they have stopped taking the credit - but failed to reverse the credit, this act of the appellant would amount to malafide intention to avail inadmissible credit. - AT Highlights Service Tax Fri, 23 May 2014 13:18:05 +0530 https://www.taxtmi.com/highlights?id=18663