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Central Excise - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

CENVAT Credit - assesee is paying 8% of the value of exempted ...


Assessee Manufacturing Both Exempted and Dutiable Goods Can Claim CENVAT Credit; 8% Payment Not a Barrier.

July 5, 2014

Case Laws     Central Excise     AT

CENVAT Credit - assesee is paying 8% of the value of exempted goods - Cenvat credit cannot be disallowed if an assessee manufactures only exempted goods for a part of the year and for the balance year manufactures both exempted and dutiable goods - AT

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