Admissibility of Modvat credit on sulfuric acid used in the manufacture of detergent powder - Point sponsored in East Zone Tariff Conference - Regarding
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Modvat credit inadmissibility on sulfuric acid: credit disallowed where spent acid is not subject to duty in manufacture. The Board concluded that Modvat credit on inputs used to produce spent sulphuric acid is not permissible because no duty is charged on the spent sulphuric acid, and therefore credit on such inputs cannot be allowed; the prior instruction is affirmed and field formations must be informed.
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 inadmissibility on sulfuric acid: credit disallowed where spent acid is not subject to duty in manufacture.
The Board concluded that Modvat credit on inputs used to produce spent sulphuric acid is not permissible because no duty is charged on the spent sulphuric acid, and therefore credit on such inputs cannot be allowed; the prior instruction is affirmed and field formations must be informed.
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