Appellant Not Required to Pay Additional 10% or 5% After Reversing Proportionate CENVAT Credit on Exempted Goods.

Appellant Not Required to Pay Additional 10% or 5% After Reversing Proportionate CENVAT Credit on Exempted Goods. https://www.taxtmi.com/highlights?id=41486 Reversal of CENVAT Credit - once the appellant has reverse the proportionate Cenvat credit availed on common input services attributable to exempted goods then it is not required to pay 10% or 5% as the case may be as demanded by the Revenue. en-us Tue, 18 Sep 2018 08:00:36 +0530 Tue, 18 Sep 2018 08:00:36 +0530 TaxTMI RSS Generator Appellant Not Required to Pay Additional 10% or 5% After Reversing Proportionate CENVAT Credit on Exempted Goods. https://www.taxtmi.com/highlights?id=41486 Reversal of CENVAT Credit - once the appellant has reverse the proportionate Cenvat credit availed on common input services attributable to exempted goods then it is not required to pay 10% or 5% as the case may be as demanded by the Revenue. Highlights Central Excise Tue, 18 Sep 2018 08:00:36 +0530 https://www.taxtmi.com/highlights?id=41486