Modvat exclusion: manufacturers using Modvat cannot claim full small scale exemption for other products under the small scale scheme. A manufacturer who avails Modvat for any product is precluded from claiming full exemption under the small scale exemption scheme for any other product, and the fact that those other products are not covered under Modvat is immaterial to this disqualification.
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 exclusion: manufacturers using Modvat cannot claim full small scale exemption for other products under the small scale scheme.
A manufacturer who avails Modvat for any product is precluded from claiming full exemption under the small scale exemption scheme for any other product, and the fact that those other products are not covered under Modvat is immaterial to this disqualification.
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