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Central Excise - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

CENVAT Credit of Free supply - MRP based valuation - manufacture ...


CENVAT Credit Allowed for Free Razor Blade Supply; MRP-Based Valuation Doesn't Equate to Exempted Clearance.

January 7, 2016

Case Laws     Central Excise     AT

CENVAT Credit of Free supply - MRP based valuation - manufacture of razor and razor blades - inclusion of duty free blades and availing Cenvat Credit - Equating such free supply to exempted clearance is untenable as already explained - credit allowed - AT

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