This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
CESTAT allows refund/recredit of excess reversal of Cenvat Credit
Case Law Details
- Case Name
- Jindal Photo Vs C.C.E. & S.T. (CESTAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Ahmedabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Jindal Photo Vs C.C.E. & S.T. (CESTAT Ahmedabad)
CESTAT held that in case of any dutiable goods became exempted, the assessee is required to reverse the cenvat credit in respect of inputs lying in stock or in process or is contained in the final product as of date of opting for the exemption notification. In terms of above specific provision, the appellant is required to reverse the credit attributed to inputs as such, in process, contained in finished gods, therefore, the appellant have mistakenly reversed 5% in terms of Rule 6(3)(i) of Cenvat Credit Rules, 2004. On realising this mistake...
