CENVAT Credit - though the tools and moulds purchased by them ...

Case Laws Central Excise

March 2, 2024

CENVAT Credit - though the tools and moulds purchased by them were continue in use for manufacture of excisable automobile components however same has been shown as sold on record on VAT-able invoice issued - The tribunal held that the appellant is entitled to avail Cenvat credit on the tools and moulds as they were not physically removed from their factory. Therefore, the impugned order demanding central excise duty from the appellant is set aside, and the appeal is allowed.

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CENVAT Credit - though the tools and moulds purchased by them ...

Case Laws Central Excise

March 2, 2024

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