Relief to Vodafone, CESTAT rules Unutilized CENVAT credit does not Incur Interest Liability [Read Order] 

Relief to Vodafone - Vodafone - Relief - CENVAT credit - Unutilized CENVAT credit - CESTAT rules Unutilized CENVAT credit - taxscan

The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal  (CESTAT) has granted relief to Vodafone by ruling that  the unutilized CENVAT credit would not incur the interest liability. The appellant, Vodafone Essar East Limited received certain services from Indus Towers Ltd. and at the time of payment of advance, they haD taken cenvat…

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