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Central Excise - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Disallowance of CENVAT Credit - Inclusion of storage ...


CENVAT Credit Case: Storage Tanks Not Capital Goods Pre-2001 Amendment; Change is Prospective, Not Retrospective.

August 27, 2015

Case Laws     Central Excise     HC

Disallowance of CENVAT Credit - Inclusion of storage tanks/vessels within the scope of capital goods - effect of notification dated 1.3.2001 - prospective or retrospective - the amendment is not clarificatory in nature and prospective in nature - HC

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