https://www.taxtmi.com/article/detailed?id=6349 Revenue neutrality denotes situations where tax borne is available as CENVAT credit or refund so the revenue position remains neutral, as found in contexts like reverse charge, inter-unit outward transportation, import-of-services to export units, and refunds to exporters; however, tribunals require compliance with statutory procedures, treat distinct legal entities separately, and hold that neutrality does not excuse timely payment-interest on delayed tax and penalties for intentional evasion remain applicable. en-us Tue, 21 Jul 2015 06:40:19 +0530 Tue, 21 Jul 2015 06:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6349 Revenue neutrality denotes situations where tax borne is available as CENVAT credit or refund so the revenue position remains neutral, as found in contexts like reverse charge, inter-unit outward transportation, import-of-services to export units, and refunds to exporters; however, tribunals require compliance with statutory procedures, treat distinct legal entities separately, and hold that neutrality does not excuse timely payment-interest on delayed tax and penalties for intentional evasion remain applicable. Articles Cenvat Credit Tue, 21 Jul 2015 06:40:19 +0530 https://www.taxtmi.com/article/detailed?id=6349