CENEX UPDATE – 17.10.2020

CX - Only for the reason that M/s Vedanta paid duty amount much prior to issuance of SCN and without contesting went for settlement of their case, no adverse inference can be drawn so as to deny CENVAT credit availed by their consignee on supplementary invoices: CESTAT

ST - Mere reference to a paragraph in the SCN does not constitute a proper adjudication that devolves upon the original authority: CESTAT

Cus - Considerable discretion is vested on Licensing Authority with regard to grant or rejection of a licence under Ammonium Nitrate Rules - order refusing to grant a P5 licence needs no interference: HC