Deemed Credit Under Notification 58/97 CE: Input Purchasers Entitled to Credit Despite Disputes on Manufacturer's Production Capacity.

Deemed Credit Under Notification 58/97 CE: Input Purchasers Entitled to Credit Despite Disputes on Manufacturer's Production Capacity. https://www.taxtmi.com/highlights?id=3147 Deemed credit under Notification 58/97 CE - in case the annual capacity of production of input manufacturer because of dispute cannot be determined at the time of issue of invoice, the scheme of conveyance of deemed credit cannot be put on hold and the substantive benefit of deemed credit cannot be denied to the input purchaser. - HC en-us Mon, 12 Mar 2012 21:25:40 +0530 Mon, 12 Mar 2012 21:25:40 +0530 TaxTMI RSS Generator Deemed Credit Under Notification 58/97 CE: Input Purchasers Entitled to Credit Despite Disputes on Manufacturer's Production Capacity. https://www.taxtmi.com/highlights?id=3147 Deemed credit under Notification 58/97 CE - in case the annual capacity of production of input manufacturer because of dispute cannot be determined at the time of issue of invoice, the scheme of conveyance of deemed credit cannot be put on hold and the substantive benefit of deemed credit cannot be denied to the input purchaser. - HC Highlights Central Excise Mon, 12 Mar 2012 21:25:40 +0530 https://www.taxtmi.com/highlights?id=3147