Friday, 13 September 2013

Pre-deposit pending appeals may be paid by utilizing balance available in Cenvat credit

ST : Rule 3 of CENVAT Credit Rules, 2004 does not prohibit assessee from utilizing Cenvat credit against liability to make deposit under section 35F of Central Excise Act; hence, assessee can utilize his credit balance for paying pre-deposit under section 35F ibid


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