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Central Excise - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

CENVAT Credit – Revenue was of the view that the equipment’s ...


Revenue's Claim on Factory Machinery as Immovable Property for CENVAT Credit Rejected.

October 10, 2013

Case Laws     Central Excise     AT

CENVAT Credit – Revenue was of the view that the equipment’s and machineries were erected in the factory and thus became immovable property and, therefore, cannot be considered as capital goods - prima facie contention of revenue is not correct - AT

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