TaxTMI Login
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
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>Tribunal allows appeal on Modvat credit denial due to circular, earlier decision deemed inapplicable</h1> <h3>RAM SWARUP ELECTRICALS LTD. Versus COLLECTOR OF C. EX., ALLAHABAD</h3> RAM SWARUP ELECTRICALS LTD. Versus COLLECTOR OF C. EX., ALLAHABAD - 1998 (101) E.L.T. 281 (Tribunal) The appeal involved the entitlement to Modvat credit on transformer oil used in manufacturing transformers. The Board's circular clarified that the credit is admissible as the oil is included in the final product and necessary for the transformer to function. The Tribunal allowed the appeal, stating that the earlier decision cited was not applicable and Modvat credit cannot be denied based on the circular. The impugned order was set aside, and the appeal was allowed with consequential relief.
TaxTMI 