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Central Excise - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Reversal of CENVAT Credit - leasing out the power plant with ...


No Need to Reverse CENVAT Credit if Capital Goods Are Not Physically Removed, Rules High Court.

July 8, 2015

Case Laws     Central Excise     HC

Reversal of CENVAT Credit - leasing out the power plant with ancillary equipments to KPPL without removing the capital goods - There is no removal of goods under cover of invoice - credit not required to be reversed - HC

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