Seeks to amend CENVAT credit Rules, 2004 (Fifth Amendment). - No reversal for supplies made for setting up of solar power generation projects or facilities - 25/2012 - Central Excise - Non Tariff
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CENVAT credit now exempts supplies for solar power project setup from reversal under the amended rules. Amendment to the CENVAT Credit Rules substitutes certain notification references in sub-rule (6) of rule 6 and inserts a new clause (viii) specifying that supplies made for setting up of solar power generation projects or facilities are covered by the non-reversal provision, thereby clarifying that such supplies fall within the exemption from CENVAT credit reversal.
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.
CENVAT credit now exempts supplies for solar power project setup from reversal under the amended rules.
Amendment to the CENVAT Credit Rules substitutes certain notification references in sub-rule (6) of rule 6 and inserts a new clause (viii) specifying that supplies made for setting up of solar power generation projects or facilities are covered by the non-reversal provision, thereby clarifying that such supplies fall within the exemption from CENVAT credit reversal.
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