Appellate Tribunal grants CENVAT credit for DTA to EOU conversion, aligning with precedent rulings. The Appellate Tribunal CESTAT MUMBAI allowed the appeal, overturning the denial of CENVAT credit on inputs and capital goods during the conversion of DTA ...
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Appellate Tribunal grants CENVAT credit for DTA to EOU conversion, aligning with precedent rulings.
The Appellate Tribunal CESTAT MUMBAI allowed the appeal, overturning the denial of CENVAT credit on inputs and capital goods during the conversion of DTA to 100% EOU. The decision aligned with previous rulings, notably the Sandoz Pvt. Ltd. case, affirming the right of the assessee to claim CENVAT credit in this scenario. The impugned order was annulled, and the appeal was granted with consequential relief.
The Appellate Tribunal CESTAT MUMBAI allowed the appeal regarding denial of CENVAT credit on inputs and capital goods during conversion of DTA to 100% EOU. The decision was based on previous rulings, including Sandoz Pvt. Ltd. case, where it was held that the assessee is entitled to avail CENVAT credit in such situations. The impugned order was set aside, and the appeal was allowed with consequential relief.
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