Penalty under rule 14 of cenvat credit rules,2004

792 views
User Avatar

Intern
40 Points Posted on 02 September 2012

HI ALL,

PLEASE CLARIFY WHETHER PENALTY UNDER RULE 14 OF CENVAT CREDIT RULES,2004 BE PAID THROUGH REVERSAL OF CENVAT CREDIT OR NOT?

PLEASE ALSO TELL WHETHER ALL THE PANALTIES UNDER EXCISE LAWS BE PAID THROUGH SUCH CREDIT REVERSAL?

 

THANKS IN ADVANCE

0 Reply Share Follow
On 02 September 2012 at 12:00 Report
Replies (2)
User Avatar

GST Advocate
15223 Points Posted on 02 September 2012

Dear Abhishek,

Interest and penalty will be paid by PLA account only.

1 Reply
On 02 September 2012 at 17:01
User Avatar

Intern
40 Points Posted on 06 September 2012
Thanx a lot sir...it will help me a lot in exams as well as practical front..
Reply
On 06 September 2012 at 20:55

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Company 3 months old, INC-20A not filed, all 3 of
  2. How do I choose the Best GST Lawyers in New Delhi
  3. Loss on sale of residential flat after indexing al
  4. Short Deduction
  5. Large mismatch between AIS Business Receipts and G
  6. Income tax on Australian Stipendiary Steward on 3
  7. INCOME TAX SECTION 92E
  8. Queries on Tax Invoice and GST
  9. Income Tax Auditor Tenure for Small Companies
  10. Sec 8 company sec 12ab reg

More recent discussions | Post

Related Topics :

Loading