Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (12) TMI 1399 - CESTAT BANGALORE

2015 (12) TMI 1399 - CESTAT BANGALORE - TMI - Denial of CENVAT Credit - whether the appellant who has procured ethyl alcohol from M/s Andhra Sugars, on payment of duty of excise can be disallowed the credit of the said duty on the ground that the supplier of the inputs should not have paid the duty - Held that:- Revenue has not raised any objection at the time of payment of duty by M/s Andhra Sugars. It stands held in number of decisions that the recipient of the goods/inputs cannot be denied th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f opinion between two Members and as per the majority decision it was held that CENVAT Credit cannot be denied to an assessee on the ground that manufacturer of final product was not required to pay duty by utilising the credit, as the activity at his end did not amount to manufacture. - there is no dispute that M/s Andhra Sugars cleared the inputs on payment of duty. As the issue is settled, I find no merits in the said stand of the Revenue - Decided in favour of assessee. - E/363/2012-SM,E/273 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rocured ethyl alcohol and ethanol from M/s Andhra Sugars Ltd on payment of duty. Inasmuch as the said ethyl alcohol is an input for the appellant's final product, they have availed CENVAT credit of duty paid thereon. 3. Revenue's objection is that inasmuch as the ethyl alcohol is not an excisable product, the payment of duty on the same by M/s Andhra Sugars was not called for and as such the same cannot be considered to be duty of excise and the appellant as a recipient of the same is no .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

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

Go to Mobile Version