Court Upholds Demand u/s 11D, Rules Against Assessee for Passing Unentitled Cenvat Credit to Purchasers.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Demand u/s 11D - Reversal of cenvat credit and collected the same from the purchasers - The contention of the Department that by doing so, the respondent passed on Cenvat credit to the purchaser to be availed by them ultimately which credit such purchasers were not entitled to, cannot be brushed aside. - Demand u/s 11D confirmed - Order of Tribunal reversed - Decided in favor of revenue and against the assessee. - HC....