The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that reversal of CENVAT credit in excess of the credit originally availed, at the time of clearance of inputs “as such” to sister units, does not amount to passing on excess credit nor does it attract recovery under Section 11A…
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Excess Reversal of CENVAT Credit on Inter-Unit Transfers Not Illegal: CESTAT
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.
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