CENEX UPDATE – 06.08.2020

CX - CENVAT - Rule 6(3) - assessee cannot be asked to reverse more credit than it availed - duty demand set aside where proportionate amount of credit is already reversed: CESTAT

ST - Services rendered by petitioner outside territory of India to its parent Company would have to be considered 'export of service': HC

Cus - Provisions of S.149 of CA, 1962 do not prescribe time limit for amendment of shipping bills - Board Circular cannot go beyond mandate of law: CESTAT