Fictitious purchase - Modvat credit - No manufacturing activity ...

Court Rules Buyer Must Prove Unawareness of Fake License; Denies Modvat Credit Due to Lack of Manufacturing Activity.

August 2, 2013

Case Laws Central Excise HC

Fictitious purchase - Modvat credit - No manufacturing activity started - Caveat emptor -It was for the buyer to establish that he had no knowledge about the genuineness or otherwise of the SIL in question - credit denied - HC

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Fictitious purchase - Modvat credit - No manufacturing activity ...

Court Rules Buyer Must Prove Unawareness of Fake License; Denies Modvat Credit Due to Lack of Manufacturing Activity.

August 2, 2013

Case Laws Central Excise HC

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