TMI BlogCENVAT Credit - capital units - lifting of Corporate Veil - all units have been merged at a later date,...CENVAT Credit - capital units - lifting of Corporate Veil - all units have been merged at a later date, though at the time of receipt of capital goods, all the three units were separate entities and the goods were received and owned by M/s. JSWPL - The legal position is that, the ownership of the goods cannot be the criteria for denying the CENVAT credit. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
