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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

MODVAT / Cenvat Credit – Capital Goods - Manufacturer versus ...


Trader Denied MODVAT/Cenvat Credit for Exported Machinery Not Used Domestically in Manufacturing.

September 4, 2013

Case Laws     Central Excise     SC

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

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