Prohibition on simultaneous Modvat and small scale exemption reiterated; field units must cease dual benefit and ensure compliance. Simultaneous availment of Modvat credit and the small scale industry exemption is prohibited; this prohibition is established by earlier departmental letters and remains in force. Field formations must not permit assessees to claim both benefits concurrently; instances of dual availment have been observed and are subject to strict departmental action. The Board directs collectors and field officers to enforce the instructions scrupulously and treat any lapses seriously.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prohibition on simultaneous Modvat and small scale exemption reiterated; field units must cease dual benefit and ensure compliance.
Simultaneous availment of Modvat credit and the small scale industry exemption is prohibited; this prohibition is established by earlier departmental letters and remains in force. Field formations must not permit assessees to claim both benefits concurrently; instances of dual availment have been observed and are subject to strict departmental action. The Board directs collectors and field officers to enforce the instructions scrupulously and treat any lapses seriously.
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