Allegation on amount reversed by Lotte India on Processed Milk under Reversal of Proportionate Credit: CESTAT remands matter to Adjudicating Authority [Read Order]

The CESTAT has remanded the issue as to whether the appellant has reversed the correct amount to verification by the adjudicating authority

By Yogitha S. Yogesh - On March 5, 2024 10:00 pm - 3 mins read

Lotte India - CESTAT - CESTAT Chennai - milk processing - Cenvat credit - taxscan

The Chennai in the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) remanded the matter regarding the allegation on the amount reversed by Lotte India on Processed milk under reversal of proportionate credit to the adjudicating authority. The appellants are engaged in the manufacture of sugar confectionaries not containing cocoa and bubble gum…

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