Supreme Court: Non-Signatory Can Be Bound By an Agreement if Involved in Performing the Contract  ||  Supreme Court: 'Washed-Off Theory' Inapplicable in Assessing Employee Retention Suitability  ||  SC Directs States/UTs to Grant Ex-Servicemen Quota to Cadets Disabled 40% or More in Training  ||  Delhi High Court Quashed Cases over Allegations of Excess Lead Content in Maggi Noodles  ||  Madras High Court: Advocates Cannot Hinder Police From Producing Arrested Lawyers Before a Court  ||  Allahabad HC Awarded Rs. 4.75 Lakh Compensation Over Illegal Vehicle Confiscation in a Beef Case  ||  Allahabad High Court: Strong Suspicion, Not Proof of Guilt, is Sufficient to Frame Charges  ||  Delhi HC: Prior Sanction Not Required Where Cognizance Preceded 2018 PC Act Amendment  ||  Bombay High Court: The Notion of a "Perfect Victim" in Rape Cases is a Myth  ||  Allahabad High Court: Prior Agreement With Inquiry Report Doesn't Vitiate Disciplinary Proceedings    

CESTAT: Steel Plates and MS Channels are Capital Goods; Modvat Credit can be Availed - (24 May 2022)

CUSTOMS

Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench has ruled that the assessee is entitled to avail of modvat credit on steel plates and M.S. channels used in the fabrication of chimneys for the diesel generating set by treating them as capital goods.

Tags : CESTAT   CUSTOMS   CAPTIAL GOODS   MODVOT CREDIT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved