Max restraint period on excise evasion/misuse of credit - 6 months for first time offenders and 1 ye

GST : Rule 12AAA of the Cenvat Credit Rules, 2004 - Power to Impose Restrictions in Certain Type of Cases - Facilities to be Withdrawn and Restrictions to be Imposed for Specified Offences - Supersession of Notification No. 5/2012-C.E. (N.T.), Dated 12-3-2012