TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Modvat credit not allowed for lost molasses before use in Ethyl Alcohol production. Duty recalculated on lost inputs.</h1> The Tribunal held that Modvat credit on molasses lost during storage is not admissible if lost before utilization in manufacturing Ethyl Alcohol. The case ... Modvat The case involves the reversal of Modvat credit on molasses lost during storage. The appellant did not claim remission of duty. The Tribunal held that credit is not admissible on quantity lost before utilization in the manufacture of Ethyl Alcohol. The matter is remanded for verification of quantity lost and calculation of duty on inputs lost during storage.
TaxTMI 
TaxTMI 
