High Court rules against assessee: Cenvat Credit disallowed on duty paid for captively consumed exempted tractor parts.

High Court rules against assessee: Cenvat Credit disallowed on duty paid for captively consumed exempted tractor parts. https://www.taxtmi.com/highlights?id=24641 Cenvat Credit - export of tractors - duty was paid on captive consumption of parts where the parts were exempted unconditionally - it is not possible to accept the arguments of Mr. Sridharan that the exemption is not absolute but conditional. - decided against the assessee. - HC en-us Wed, 09 Sep 2015 13:37:21 +0530 Wed, 09 Sep 2015 13:37:21 +0530 TaxTMI RSS Generator High Court rules against assessee: Cenvat Credit disallowed on duty paid for captively consumed exempted tractor parts. https://www.taxtmi.com/highlights?id=24641 Cenvat Credit - export of tractors - duty was paid on captive consumption of parts where the parts were exempted unconditionally - it is not possible to accept the arguments of Mr. Sridharan that the exemption is not absolute but conditional. - decided against the assessee. - HC Highlights Central Excise Wed, 09 Sep 2015 13:37:21 +0530 https://www.taxtmi.com/highlights?id=24641