<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Court Rules on Rule 14 Amendment: Interest Demand Waived for Unutilized Reversed Credit Entries, Protecting Substantive Benefits.</title>
    <link>https://www.taxtmi.com/highlights?id=49398</link>
    <description>Interest on unutilized reversed credit entry - The erstwhile Rule 14 of the Cenvat Credit Rules read as “taken or utilised”, which had been amended and substituted by the words “taken and utilised” - substantive benefit cannot be denied to the appellant - Demand of interest waived.</description>
    <language>en-us</language>
    <pubDate>Mon, 23 Sep 2019 07:19:24 +0530</pubDate>
    <lastBuildDate>Sun, 22 Sep 2019 09:57:16 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=588305" rel="self" type="application/rss+xml"/>
    <item>
      <title>Court Rules on Rule 14 Amendment: Interest Demand Waived for Unutilized Reversed Credit Entries, Protecting Substantive Benefits.</title>
      <link>https://www.taxtmi.com/highlights?id=49398</link>
      <description>Interest on unutilized reversed credit entry - The erstwhile Rule 14 of the Cenvat Credit Rules read as “taken or utilised”, which had been amended and substituted by the words “taken and utilised” - substantive benefit cannot be denied to the appellant - Demand of interest waived.</description>
      <category>Highlights</category>
      <law>Central Excise</law>
      <pubDate>Mon, 23 Sep 2019 07:19:24 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=49398</guid>
    </item>
  </channel>
</rss>