The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad, has ruled that the company was not required to reverse Cenvat credit at the rate of 6% on the clearance of used packing materials such as drums. The bench of Dr. Ajaya Krishna Vishvesha (Judicial Member) set aside the demand of ₹94,135 along with interest…
Company Not Required To Reverse 6% Cenvat Credit On Clearance Of Used Packing Materials: CESTAT
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Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ 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 as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.
