Reversal of Cenvat Credit – Removal as such of capital goods ...

Reversing Cenvat Credit on removal of used capital goods contradicts scheme's purpose, risks discouraging capital investment.

January 30, 2015

Case Laws Central Excise AT

Reversal of Cenvat Credit – Removal as such of capital goods after use - If even after use for a couple of years, the Cenvat Credit is required to be reversed then it would certainly defeat the object of the scheme. - AT

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Reversal of Cenvat Credit – Removal as such of capital goods ...

Reversing Cenvat Credit on removal of used capital goods contradicts scheme's purpose, risks discouraging capital investment.

January 30, 2015

Case Laws Central Excise AT

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