https://www.taxtmi.com/highlights?id=71298 Reversal of Cenvat credit lying unutilized in respect of ADE(T&TA) in terms of transitional provision of Rule 11(3)(ii) of the Cenvat Credit Rules, 2004 - Rule 11(3) of Cenvat Credit Rules, 2004 though provides for reversal of unutilized Cenvat credit but the same cannot be applied retrospectively in the absence of specific provision under the statute. - AT en-us Fri, 04 Aug 2023 07:48:02 +0530 Fri, 04 Aug 2023 07:48:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71298 Reversal of Cenvat credit lying unutilized in respect of ADE(T&TA) in terms of transitional provision of Rule 11(3)(ii) of the Cenvat Credit Rules, 2004 - Rule 11(3) of Cenvat Credit Rules, 2004 though provides for reversal of unutilized Cenvat credit but the same cannot be applied retrospectively in the absence of specific provision under the statute. - AT Highlights Central Excise Fri, 04 Aug 2023 07:48:02 +0530 https://www.taxtmi.com/highlights?id=71298