CENVAT credit on Capital Goods - balance 50% of credit availed ...

Case Laws Central Excise

September 14, 2013

CENVAT credit on Capital Goods - balance 50% of credit availed during subsequent years before the machinery put to use - The phrase, “in possession and use of the manufacturer of final products" was clear and unambiguous - The phrase calls for one and only one interpretation and does not call for any external aid to cull the meaning of the said phrase - Demand confirmed - HC

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CENVAT credit on Capital Goods - balance 50% of credit availed ...

Case Laws Central Excise

September 14, 2013

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