Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SSI Units Can Claim Modvat Credit on Export Inputs with No Restriction u/r 57F(3) for Refunds.</h1> The circular from the Central Board of Excise & Customs addresses the eligibility of Small Scale Industry (SSI) units to claim Modvat Credit on inputs used for export production while also availing full exemption for home consumption up to 15 lakhs. It clarifies that there is no restriction under Rule 57F(3) on refunding the higher notional credit taken on inputs for export production. The Board has decided that such credits are refundable, resolving doubts raised in a previous letter from the Collector of Central Excise, Ahmedabad. This decision should be communicated to relevant field formations.
TaxTMI 
TaxTMI 
