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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Entitlement of MODVAT Credit - Capital Goods - ownership - ...


Court Upholds Job Worker's Right to MODVAT Credit for Capital Goods, Aligns with Revenue Clarification on Ownership.

September 4, 2013

Case Laws     Central Excise     HC

Entitlement of MODVAT Credit - Capital Goods - ownership - Credit availed by the Job Worker - there was no justification in the Department taking a diametrically opposite view - The clarificatory letter clearly indicated the intention of the Revenue to grant relief in respect of job worker and to the persons who obtained capital goods - HC

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