Reassessment under s.148A held valid; s.69 additions totaling Rs.7,00,000 deleted after acceptable contemporaneous explanations for property investmen...
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CENVAT Credit on returned / damaged goods - Rule 16 of central...
CENVAT Credit Denied for Returned Goods u/r 16 When Re-Manufacturing is Impossible; Lack of Evidence Cited.
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Central ExciseSeptember 30, 2014Case LawsAT
CENVAT Credit on returned / damaged goods - Rule 16 of central excise rules, 2002 - re-winding or reconditioning of the yarn is impossibility and no credit on the return goods is admissible as returned goods could not be re-manufactured and documentary evidence is also against respondent - AT
CENVAT Credit on returned / damaged goods - Rule 16 of central excise rules, 2002 - re-winding or reconditioning of the yarn is impossibility and no credit on the return goods is admissible as returned goods could not be re-manufactured and documentary evidence is also against respondent - AT
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