Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

M/s. S.K.S. Mills Ltd. Versus CCE, Salem

2015 (12) TMI 1097 - CESTAT CHENNAI

CENVAT Credit - Use of capital goods for Job Work - duty of excise paid on debonding of 100% EOU on capital goods claimed as credit - Held that:- So far as material facts placed by learned counsel is concerned, that remained undisputed by Revenue. Fu .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

cally cleared making payment of duty. Honble High Court of Madras in the case cited (2015 (9) TMI 119 - MADRAS HIGH COURT) has held that clearance of the goods by a job worker if exempt from duty that does not disentitle the job worker to the CENVAT .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

n the value addition thereto by the principal manufacturer when cleared in DTA. Therefore, denial of capital goods credit to the appellant is unwarranted - Decided in favour of assessee. - Appeal No. E/40385 to 40387/2014 - Final Order No. 41534-4153 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ically did not enjoy capital goods credit at the time of acquisition since no duty was paid as the appellant was an EOU. When the appellant was de-bonded to forgo the EOU status, appellant paid appropriate duty on the capital goods so de-bonded. The .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ucts were again subject to processing by the principal manufacturer. The principal manufacturer making a value addition to the intermediary cleared part of them domestically and discharged excise duty thereon. The rest of the goods manufactured were .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

orker shall not be treated as goods exempt from duty or chargeable to nil rate of duty as has been held by the Honble Madras High Court in the case CCE, Chennai Vs. CESTAT, Chennai 2015 (322) ELT 697 (Mad.). Therefore, denial of capital goods credit .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tification No. 30/2004 dated 9.7.2004 as exempted goods. To submit so, they rely on para 10 of the decision in Arthanari Loom Centre (Textiles) Pvt. Ltd. 2014 (313) ELT 943 (GOI). In a revision order it was held that capital goods credit is not avail .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version