Wednesday, October 19, 2011

Recent Case Laws IDT - UOI v. Ind-Swift Laboratories Ltd. 2011 (SC)


UOI v. Ind-Swift Laboratories Ltd. 2011 (SC)
It is clear & unambiguous that interest ON IRREGULAR CREDIT under Rule 14 of CCR, 2004 is payable when CENVAT Credit is
1. Taken wrongly, OR
2. Utilized wrongly, OR
3. Erroneously refunded

No comments:

Post a Comment