Friday, 16 October 2015

Duty could be paid using credit in absence of specific restriction in case of withdrawal of fortnigh

Excise & Customs : In case of withdrawal of monthly/fortnightly facility to pay duty, mere provision that 'duty should be paid through account current' does not amount to restriction on use of Cenvat credit; hence, in absence of any specific restriction on use of credit, payment of duty using credit is valid

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