Modvat meeting held at Bangalore on 29-11-1989 - Point No. 1 - Modvat on BOPP/ Polyester films used for manufacture of Synthetic Rubber Cots & Aprons - Admissibility regarding
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Modvat credit denial on covering films used in manufacture-such films are non-inputs; recovery of wrongly availed credits follows. Modvat credit on BOPP and polyester films used as coverings or separators in the manufacture of synthetic rubber cots and aprons is not admissible because such films act as temporary covering devices rather than inputs incorporated into the final product; pending assessments are to be finalised and any wrong credits recovered.
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 denial on covering films used in manufacture-such films are non-inputs; recovery of wrongly availed credits follows.
Modvat credit on BOPP and polyester films used as coverings or separators in the manufacture of synthetic rubber cots and aprons is not admissible because such films act as temporary covering devices rather than inputs incorporated into the final product; pending assessments are to be finalised and any wrong credits recovered.
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