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Central Excise - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Denial of 50% of the credit taken in subsequent financial year - ...

December 18, 2013

Case Laws     Central Excise     AT

Denial of 50% of the credit taken in subsequent financial year - There is no condition provided under Rule 4(2)(b) of the Cenvat Credit Rules that the credit of remaining 50% of duty paid on capital goods is to be availed in case the capital goods have been used in the manufacture of dutiable product - AT

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