No Penalty for Reversed Credit after Claim of Loss received from Insurance Company: CESTAT [Read Order]

By Taxscan Team - On July 8, 2022 5:04 pm - 2 mins read
Penalty - Reversed credit - claim of loss - insurance company - CESTAT - Taxscan

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai bench held that penalty for reversed credit after a claim of loss received from insurance company is not sustainable. Ms Payal Nahar appeared for the appellant Shri N N Prabhudesai appeared for the respondent The appellant M/s Savita Oil Technologies Limited, a manufacturer of products…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader