11 January 2014
Wrong availment of Input Service credits (like Courier charges & Vehicle Insurance & Maintenance), but all shown on the relevent period's ST3 return also. The credit reversal has recommended in the Internal Audit.
Yes may be, Pl refer for detailed analysis: http://aviratshiksha.wordpress.com/2013/04/01/interest-and-penalty-on-wrong-availment-taking-of-cenvat-credit/
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