New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
CGST - Acts + GST Rates GST Ntf. GST Forms GST - Manual GST - FAQ State GST Acts SGST Ntf. I. Tax Manual
Extracts
Home List
← Previous Next →

Mascot Global Pvt. Ltd. Versus Commissioner of Central Excise Thane-I

Denial of CENVAT credit availed on photo copies of the courier bill of entry - The consolidated bill of entry covering many items imported by various importers is filed by the courier and the same original bill of entry cannot be given to every importer - Held that: - the CBEC vide Circular No.56/95 prescribed the mechanism to solve such issues arising due to import by courier. Cenvat Credit is as goods as cash and allowing credit on simple photo copies can be misused. The original documents hav .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

13-4-2016 - Mr. Raju, Member (Technical) None for appellant Shri.Sanjay Hasija, Supdt. (AR) for respondent ORDER The appellant, M/s.Mascot Global Pvt. Ltd. were issued notice seeking to deny credit availed on photo copies of the courier bill of entry. 2. Nobody appeared for the appellant. However, they submitted a written submission in the court. In the said written submission, the appellant had relied on the decision in their own case vide order No.A/320-322/2012/SB/C-IV & A/514-516/2012/S .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

- 2016-TIOL-52-CESTAT-MUM. He further relied on the order-in-original which explains how a person entitling to take credit of CVD in the case of courier imports is required to file a separate bill of entry. He argued that CBEC has prescribed a procedure to overcome these difficulties. 4. I have considered the rival arguments. I find that the order-in-original in para 12 observes as follows: 12. Proviso to Regulation 5 (3) of Courier bill of entry are regulated under the courier imports and expor .....

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