CESTAT quashes Reversal of CENVAT Credit of Excise Duty on Manufacture of Cotton Terry Towels on Ground of Non Insertion of Rule 11(3) of CENVAT Credit Rules [Read Order]

By Shabna Rahim - On August 7, 2023 6:00 am - 2 mins read

CESTAT - Reversal of CENVAT Credit - CENVAT Credit - Excise Duty - Cotton Terry Towels - taxscan

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the reversal of CENVAT credit of excise duty on the manufacture of cotton terry towels on the ground of noninsertion of rule 11(3) of the CENVAT Credit Rules,2004. Welspun India Limited, the appellant assessee was engaged in the manufacture of Cotton…

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