CESTAT Delhi Upholds Recovery of Excise Duty as Cenvat Credit Was Not Available on 30 June 2017

Advertisement Kesar Ispat Ltd Vs Commissioner of Central Excie & CGST (CESTAT Delhi) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi, dismissed the appeal filed by the assessee and upheld the recovery of ₹7.20 lakh in central excise duty, together with the findings that the appeal before the Commissioner (Appeals) was not maintainable and that the assessee had wrongly utilized ineligible CENVAT credit for payment of duty. The Tribunal, however, observed that the assessee would be at liberty to pursue an appropriate remedy regarding CENVAT credit that accumulated...