Assessee Exempt from 10% Charge on ICB Goods u/r 6(6)(vii); CENVAT Credit Demand Invalid.

Assessee Exempt from 10% Charge on ICB Goods u/r 6(6)(vii); CENVAT Credit Demand Invalid. https://www.taxtmi.com/highlights?id=41624 CENVAT Credit - demand of 10% of the price of the exempted goods - goods have been supplied under International Competitive Bidding (ICB) - the benefit of Rule 6(6)(vii) has to be extended to the assessee and no demand can be confirmed against them. en-us Tue, 25 Sep 2018 13:53:39 +0530 Tue, 25 Sep 2018 13:53:39 +0530 TaxTMI RSS Generator Assessee Exempt from 10% Charge on ICB Goods u/r 6(6)(vii); CENVAT Credit Demand Invalid. https://www.taxtmi.com/highlights?id=41624 CENVAT Credit - demand of 10% of the price of the exempted goods - goods have been supplied under International Competitive Bidding (ICB) - the benefit of Rule 6(6)(vii) has to be extended to the assessee and no demand can be confirmed against them. Highlights Central Excise Tue, 25 Sep 2018 13:53:39 +0530 https://www.taxtmi.com/highlights?id=41624