Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Appellate Tribunal rules in favor of Jatin Tracks Ltd., allowing Modvat credit appeal. Interest on delayed payment not valid reason.</h1> <h3>JATIN TRACKS (P) LTD. Versus COMMISSIONER OF C. EX., CHANDIGARH</h3> The Appellate Tribunal CEGAT, New Delhi allowed the appeal of M/s. Jatin Tracks Ltd. regarding the disallowance of Modvat credit. The Tribunal held that ... Modvat/Cenvat - Modvat on inputs - Deemed credit The Appellate Tribunal CEGAT, New Delhi allowed the appeal of M/s. Jatin Tracks Ltd. regarding disallowance of Modvat credit. The Tribunal held that the interest on delayed payment of duty by the supplier could not be the basis for disallowing the credit. The appeal was allowed, and the impugned order was set aside.