Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

M/s. Penna Cement Industries Ltd, Versus CC, CE & ST, Guntur

2017 (2) TMI 611 - CESTAT HYDERABAD

CENVAT credit - tyres used for dumpers - denial on the ground that the tyres used for the dumpers do not fall within the definition of capital goods - Held that: - The Division Bench of the Tribunal in the recent decision rendered in the case of M/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

d that the credit on tyres of dumpers is admissible under the category of inputs - credit allowed - appeal allowed - decided in favor of appellant. - E/20682/2014 - A/30051/2017 - Dated:- 5-1-2017 - Ms. Sulekha Beevi, C.S., Member(Judicial) Shri. B. .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

eging irregular availment of credit under the category of capital goods during the period May, 2011 on the duty paid on tyers used for dumpers. After due process of law, the original authority dropped the proceedings holding that the appellant is eli .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

credit. The appellants/assessee is now before the Tribunal. 2. On behalf of the appellant, the Ld. Counsel Shri. B Venugopal submitted that although the appellant had availed the credit under the category of capital goods, the credit on the Tyres use .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

-TlOL-2582-CESTAT- DEL]. 3. Against this the Cd. AR, Shri. P.S Reddy reiterated the findings in the impugned order. He submitted that tyres used for dumpers do not fall within the definition of capital goods and therefore, the Commissioner (Appeals) .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

gation raised is that the credit is not eligible under the category of capital goods. In the case of CCE Meerut vs. Modi Rubbers Ltd., [2000 (119) ELT 197 (Tri.-LB)] the Larger Bench of Tribunal has held that if the credit is not admissible under 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

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| 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