About this document

CENVAT Credit Rules 2002: Court Ruling by Harsha Ammineni is a document available to read on EtoBox.

The document discusses CENVAT credit rules in India. It summarizes Rule 3(4) which states that manufacturers must pay an amount equal to the CENVAT credit taken if inputs or capital goods are removed from the factory without being used to make final products. The case relates to clearances made by the assessed entity from April 2003 to March 2004. The court held that the entity had paid the duty owed at the end of each month before the deadline, so interest under Section 11AB of the Act did not apply, even

Author

Harsha Ammineni

Language

EN