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India CENVAT/MODVAT: In CCE v Aarti Industries Ltd (2014  (307) ELT 553), the Ahmedabad  Tribunal held that CENVAT credit was  admissible on hydrogen gas cylinder, as  capital goods, being used within the  factory for manufacture of final  product, notwithstanding the fact that  such cylinder may temporarily move  out of the factory for gas refilling

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India CENVAT/MODVAT: In CCE v Aarti Industries Ltd (2014 (307) ELT 553), the Ahmedabad Tribunal held that CENVAT credit was admissible on hydrogen gas cylinder, as capital goods, being used within the factory for manufacture of final product, notwithstanding the fact that such cylinder may temporarily move out of the factory for gas refilling

http://www.pwc.com/en_US/us/tax-services/publications/insights/assets/pwc-pwcs-india-indirect-tax-newsletter-october-2014-issue.pdf

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