Penalty Imposed Despite Reversal of CENVAT Credit Before SCN; Option to Pay Reduced Penalty with Interest Available.

Penalty Imposed Despite Reversal of CENVAT Credit Before SCN; Option to Pay Reduced Penalty with Interest Available. https://www.taxtmi.com/highlights?id=19149 CENVAT Credit - Trading activity - Credit reversed before issuance of SCN - amount of penalty confirmed subject to an option that shall be provided to the appellant, to remit 25% of the penalty together with the specified interest - AT en-us Wed, 02 Jul 2014 18:17:51 +0530 Wed, 02 Jul 2014 18:17:51 +0530 TaxTMI RSS Generator Penalty Imposed Despite Reversal of CENVAT Credit Before SCN; Option to Pay Reduced Penalty with Interest Available. https://www.taxtmi.com/highlights?id=19149 CENVAT Credit - Trading activity - Credit reversed before issuance of SCN - amount of penalty confirmed subject to an option that shall be provided to the appellant, to remit 25% of the penalty together with the specified interest - AT Highlights Service Tax Wed, 02 Jul 2014 18:17:51 +0530 https://www.taxtmi.com/highlights?id=19149