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Central Excise - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Receipt of duty paid dipping chemicals free of cost, availment ...


Supreme Court dismisses appeal on duty-paid dipping chemicals; issue considered tax neutral, no further action needed.

April 29, 2016

Case Laws     Central Excise     SC

Receipt of duty paid dipping chemicals free of cost, availment of the duty paid as credit and excluding the cost of chemicals from the value of dipped nylon tyre cord fabrics - Apex Court dismissed the assessee's appeal since It would be futile to go into the issue if it is tax neutral.

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