Dear Expert,
Please note that we are manufacturing Industries, we wrongly took Cenvart Credit of Light Diesel Oil, And it is observed by Preventive Officer. He demand the reverse of Cenvat Credit with Penalty & interest. Is there any wayout available for not to reversal of cenvat credit with Penalty & interest.
We clearly accept that we wrongly took cenvat credit. Please give your advice for the same. Your reply is highly appreciate.
Thanks in advance.
Aashish Padol.
see weather service tax payment adjust with it like telephone ect
or any debit note raise to party if not resverve the credi and pay tax
Thank you very much for your prompt reply...
Arpan Bohra & Co
Hyderabad
CA Inter
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HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
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S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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CCI
Pro
CAclubindia
