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Central Excise - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

CENVAT credit on Capital goods - capital goods were used for the ...


CENVAT Credit Eligibility Depends on Final Product's Dutiability When Capital Goods are Received, Not Later Exemptions.

January 19, 2017

Case Laws     Central Excise     AT

CENVAT credit on Capital goods - capital goods were used for the manufacture of excisable goods on which duty was paid - subsequently assessee opted for exemption - eligibility of Cenvat credit is to be determined with reference to the dutiability of the final product on the date of receipt of capital goods. - AT

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