Appeal Dismissed Upholding Order on Availing Credit for Capital Goods

The appeal was dismissed, upholding the impugned order, regarding availing credit on capital goods based on a GP1 issued before 31-3-94. The tribunal ruled in favor of the respondent, stating that the larger bench decision on credits for inputs does not apply.

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The appeal was about availing credit on capital goods based on a GP1 issued before 31-3-94. The tribunal ruled in favor of the respondent, stating that the larger bench decision on credits for inputs does not apply. The appeal was dismissed, upholding the impugned order.

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