Mandatory verification procedure governs rejection of country-of-origin certificates before denying preferential customs exemption and related penalti...
MODVAT credit - iron and steel products - welding items - the word ‘include’ in the definition of inputs cannot be given a restrictive approach. The items shown in the table would fall under the category of capital goods or inputs - AT
MODVAT credit - iron and steel products - welding items - the word ‘include’ in the definition of inputs cannot be given a restrictive approach. The items shown in the table would fall under the category of capital goods or inputs - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
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