TMI BlogTrader Denied MODVAT/Cenvat Credit for Exported Machinery Not Used Domestically in Manufacturing.MODVAT / Cenvat Credit – Capital Goods - Manufacturer versus trader - The appellant had only acted as a trader or as an exporter in relation to the machinery purchased by it, which had been exported and used for setting up a sugar plant in a foreign country - credit not allowed - SC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|