Judgment: Specific issues override general principles in Cenvat Credit; no mala fide intent found, demand time-barred.

Judgment: Specific issues override general principles in Cenvat Credit; no mala fide intent found, demand time-barred. https://www.taxtmi.com/highlights?id=74064 The judgments dealing with the specific issue will prevail over the judgment in respect of general principle of the Cenvat Credit Rules - there are no mala fide on the part of the respondent. Therefore the Adjudicating Authority’s order setting aside the demand of Cenvat credit on Sales Commission exclusively on the ground of time bar is not found any fault. Therefore, the extended period was not invokable for the demand beyond the normal period. - AT en-us Wed, 10 Jan 2024 09:37:56 +0530 Wed, 10 Jan 2024 09:37:56 +0530 TaxTMI RSS Generator Judgment: Specific issues override general principles in Cenvat Credit; no mala fide intent found, demand time-barred. https://www.taxtmi.com/highlights?id=74064 The judgments dealing with the specific issue will prevail over the judgment in respect of general principle of the Cenvat Credit Rules - there are no mala fide on the part of the respondent. Therefore the Adjudicating Authority’s order setting aside the demand of Cenvat credit on Sales Commission exclusively on the ground of time bar is not found any fault. Therefore, the extended period was not invokable for the demand beyond the normal period. - AT Highlights Central Excise Wed, 10 Jan 2024 09:37:56 +0530 https://www.taxtmi.com/highlights?id=74064