Excise Duty Demand of Rs. 59 lakhs Unsustainable due to limitation bar and Proper Cenvat Credit Reversal by GHCL: CESTAT
The bench observed that Section 11A(4) of the Central Excise Act and Rule 14 of the Cenvat Credit Rules were not applicable as there was no fraud, suppression, or intent to evade duty
The Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) held that the excise duty demand of Rs. 59 lakhs was unsustainable due to the limitation bar and proper Cenvat Credit reversal by the appellant, GHCL. The appellant is engaged in the manufacturing of cotton-made textile articles and cotton-blended processed…
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