Tuesday, 8 December 2015

Pre-deposit is to be made in cash if issue of utilization of Cenvat credit is challenged by dept.

Excise & Customs : Where department has challenged validity of utilization of credit balance for payment of duty, 7.5 per cent pre-deposit as a condition for filing appeal has to be made separately and 'disputed utilization' of credit cannot be regarded as sufficient pre-deposit for purpose of section 35F

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