Appellant Faces Interest Charges for Premature CENVAT Credit Claim on Capital Goods Before Dutiable Product Clearance.

Appellant Faces Interest Charges for Premature CENVAT Credit Claim on Capital Goods Before Dutiable Product Clearance. https://www.taxtmi.com/highlights?id=18883 CENVAT credit on capital goods - Appellant took the credit in September 2008 whereas the clearance of dutiable product started from March 2009. - at best, they can be asked to pay the interest which is applicable for the period from September 2008 to March 2009 - AT en-us Fri, 13 Jun 2014 13:33:19 +0530 Fri, 13 Jun 2014 13:33:19 +0530 TaxTMI RSS Generator Appellant Faces Interest Charges for Premature CENVAT Credit Claim on Capital Goods Before Dutiable Product Clearance. https://www.taxtmi.com/highlights?id=18883 CENVAT credit on capital goods - Appellant took the credit in September 2008 whereas the clearance of dutiable product started from March 2009. - at best, they can be asked to pay the interest which is applicable for the period from September 2008 to March 2009 - AT Highlights Central Excise Fri, 13 Jun 2014 13:33:19 +0530 https://www.taxtmi.com/highlights?id=18883