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Central Excise - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Rebate claim - The Revenue had sought to deny the deemed modvat ...


Court Upholds Deemed Modvat Credit for Grey Fabrics, Rejects Revenue's Claim of No Manufacturing Process Occurrence.

August 27, 2013

Case Laws     Central Excise     AT

Rebate claim - The Revenue had sought to deny the deemed modvat credit availed by the appellant in respect of the grey fabrics received by them on the ground that no manufacturing process had taken place at the appellant’s premises - If the said stand of the Revenue was accepted, it will lead to the fact that no duty payment on the final product was required - decided in favor of assessee - AT

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