Cenvat Credit on capital goods - The case of the Revenue is that ...

Cenvat Credit on Capital Goods Allowed Despite Ownership by Another Entity; Revenue's Argument Rejected.

July 12, 2016

Case Laws Central Excise AT

Cenvat Credit on capital goods - The case of the Revenue is that these capital goods are becoming part of the existing generator sets which belong to another legal entity and hence credit on such capital goods is not available to the appellant. - the contention of revenue rejected - credit allowed - AT

View Source

← Previous Next →

Cenvat Credit on capital goods - The case of the Revenue is that ...

Cenvat Credit on Capital Goods Allowed Despite Ownership by Another Entity; Revenue's Argument Rejected.

July 12, 2016

Case Laws Central Excise AT

You may also like:

Cenvat credit claims on spare parts considered as capital goods were rejected u/ss 11B and 12B of the Cenvat Excise Act. As per the definition of "Inputs" in Rule 2(k)...

Cenvat credit on capital goods - No credit was availed in the initial (first) year - Whole of the credit (100% credit) was availed in the subsequent year - There is...

CENVAT Credit - inputs or not - The CESTAT was justified in dismissing the Department’s appeal since the credit was claimed in respect of the inputs used for fabrication...

Cenvat Credit on capital goods received prior to getting registration certificate as service provider allowed - AT

Cenvat credit allowed on capital goods received before registration - AT

Reversal of CENVAT Credit - removal of capital goods as such - power plant - Rule 3(5A) of Cenvat Credit Rules, 2004 - The sale of goods or transfer of ownership of the...

CENVAT Credit - removal of capital goods as such or not - the law is settled that even though the ownership of the capital goods has been changed but the capital goods...

Recovery of CENVAT Credit - capital goods - availability of credit when the production started become dutiable - even if the goods per se were exempted during the...

CENVAT Credit - inputs or capital goods or used for the manufacture of the final product - steel items - appellant is not even claiming the Cenvat credit in respect of...

Denial of CENVAT Credit - inputs/capital goods or not - HR, MS and SS plates received and utilized during 2003 to 2005 for setting up of Copper III plant - The Tribunal...

Cenvat Credit - Input services - export of goods - CHA service - rent-a-cab service - credit allowed - AT

CENVAT Credit - capital units - lifting of Corporate Veil - all units have been merged at a later date, though at the time of receipt of capital goods, all the three...

Denial of CENVAT Credit - Job work - assessee utilized Cenvat credit on capital goods and inputs which were used in the manufacture of the job-worked goods - credit allowed - HC

Cenvat Credit on capital goods - simultaneous availing depreciation - As per Rule 4(4), it clearly provides that only part of the value of capital goods which represents...

CENVAT Credit - transfer of ownership / sale to another without removal of capital goods goods - would be construed as removal within the meaning of Rule 3(4) of the...

Quick Updates: