HomeIndirect TaxesMere Balance Sheet Discrepancies Insufficient To Deny CENVAT Credit Without Evidence of...

Mere Balance Sheet Discrepancies Insufficient To Deny CENVAT Credit Without Evidence of Clandestine Removal: CESTAT

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that CENVAT credit cannot be denied merely on the basis of discrepancies between figures recorded in the balance sheet and statutory excise records, in the absence of any concrete evidence of suppression, clandestine removal, or non-consumption of inputs. The bench…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

GST Rate Chart for Major Petroleum Products and LPG Gas

The Goods and Services Tax (GST) framework in India prescribes different tax rates for...

Top 10 GST Software for E-Commerce Sellers 2026

E-commerce sellers in India face a different GST compliance burden from ordinary traders. A...

GST On Professional Fees

Professional fees are generally taxable under GST when the service provider crosses the prescribed...

Format of Reply to Income Tax Notice U/s 133(6)

BEFORE THE INCOME TAX DEPARTMENTReply to Notice Issued Under Section 133(6) of the Income-tax...

More like this

GST Rate Chart for Major Petroleum Products and LPG Gas

The Goods and Services Tax (GST) framework in India prescribes different tax rates for...

Top 10 GST Software for E-Commerce Sellers 2026

E-commerce sellers in India face a different GST compliance burden from ordinary traders. A...

GST On Professional Fees

Professional fees are generally taxable under GST when the service provider crosses the prescribed...