Court Upholds Job Worker's Right to MODVAT Credit for Capital Goods, Aligns with Revenue Clarification on Ownership. https://www.taxtmi.com/highlights?id=14279 Entitlement of MODVAT Credit - Capital Goods - ownership - Credit availed by the Job Worker - there was no justification in the Department taking a diametrically opposite view - The clarificatory letter clearly indicated the intention of the Revenue to grant relief in respect of job worker and to the persons who obtained capital goods - HC en-us Wed, 04 Sep 2013 12:15:51 +0530 Wed, 04 Sep 2013 12:15:51 +0530 TaxTMI RSS Generator Court Upholds Job Worker's Right to MODVAT Credit for Capital Goods, Aligns with Revenue Clarification on Ownership. https://www.taxtmi.com/highlights?id=14279 Entitlement of MODVAT Credit - Capital Goods - ownership - Credit availed by the Job Worker - there was no justification in the Department taking a diametrically opposite view - The clarificatory letter clearly indicated the intention of the Revenue to grant relief in respect of job worker and to the persons who obtained capital goods - HC Highlights Central Excise Wed, 04 Sep 2013 12:15:51 +0530 https://www.taxtmi.com/highlights?id=14279