Interest Demand Justified for Delayed Input Clearance, Resulting in Monthly Revenue Loss and Input Credit Reversal.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Demand of interest - reversal of input as such - If the inputs entering into premises of the manufacturer vanishes on the next day by clearance as such, certainly revenue suffers for the entire month - demand of interest was justified - AT....