Dealer's Unregistered Excise Invoice Denies CENVAT Credit to Buyer, No Penalty for Dealer's Non-Registration.
X X X X Extracts X X X X
X X X X Extracts X X X X
....CENVAT Credit – Penalty on dealer who issued excise invoice was not registered under central excise - penalty cannot be imposed on such dealer - credit denied to the buyer / manufacturer - AT....
TaxTMI