Extended period of limitation not invocable on account of revenue-neutrality

Indo Shell Cast Pvt. Ltd Vs commissioner of GST & Central Excise (CESTAT Chennai)

CESTAT Chennai held that demand invoking extended period cannot be sustained on account of revenue-neutrality as duty charged by Unit-I would be taken as cenvat credit by Unit-II.

Facts- The appellant is Unit-II and is engaged in the manufacture of rough castings. These rough castings are supplied to Unit I for further processing into machined castings.

Please become a Premium member. If you are already a Premium member, login here to access the full content.