https://www.taxtmi.com/highlights?id=35965 CENVAT credit - the effect of proviso to Rule 3(4) of CCR is that though a manufacturer is obliged to discharge excise duty liability by 5th or 6th day of the next month, the CENVAT Credit taken by the manufacturer only till the end of the month to which the excise duty related could be utilized - The proviso to Sub Rule (4) of Rule 3 of CENVAT Credit Rules is held to be ultra vires and unconstitutional to the Scheme of CENVAT Credit - HC en-us Fri, 18 Aug 2017 22:32:10 +0530 Fri, 18 Aug 2017 22:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=35965 CENVAT credit - the effect of proviso to Rule 3(4) of CCR is that though a manufacturer is obliged to discharge excise duty liability by 5th or 6th day of the next month, the CENVAT Credit taken by the manufacturer only till the end of the month to which the excise duty related could be utilized - The proviso to Sub Rule (4) of Rule 3 of CENVAT Credit Rules is held to be ultra vires and unconstitutional to the Scheme of CENVAT Credit - HC Highlights Central Excise Fri, 18 Aug 2017 22:32:10 +0530 https://www.taxtmi.com/highlights?id=35965