TMI BlogCENVAT Credit Case: Storage Tanks Not Capital Goods Pre-2001 Amendment; Change is Prospective, Not Retrospective.Disallowance of CENVAT Credit - Inclusion of storage tanks/vessels within the scope of capital goods - effect of notification dated 1.3.2001 - prospective or retrospective - the amendment is not clarificatory in nature and prospective in nature - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|