Modvat credit allowed on duty-paid glass bottles used as packaging despite job-work or fixed asset treatment. Modvat credit is allowable on duty-paid glass bottles used as packaging for aerated water even if received via endorsed gate pass or treated as fixed assets. Credit must not be denied solely because bottles were shown as plant and machinery or returned after printing/decoration by a job worker, provided duty was paid at the rate applicable to glass bottles. Existing job-work notification procedures may be extended to cover such activities.
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.
Modvat credit allowed on duty-paid glass bottles used as packaging despite job-work or fixed asset treatment.
Modvat credit is allowable on duty-paid glass bottles used as packaging for aerated water even if received via endorsed gate pass or treated as fixed assets. Credit must not be denied solely because bottles were shown as plant and machinery or returned after printing/decoration by a job worker, provided duty was paid at the rate applicable to glass bottles. Existing job-work notification procedures may be extended to cover such activities.
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