<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2007 (9) TMI 67 - KARNATAKA HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=2597</link>
    <description>Cenvat/Modvat credit was held admissible on inputs used in machines captively consumed for job work, even though the final goods were cleared without duty under Notification No. 67/95-C.E. The Tribunal applied the statutory credit scheme and binding Supreme Court authorities, and the High Court found no error in that approach. On the facts found, credit could not be denied merely because the inputs were used in machines employed for job work within the factory. The issue was therefore answered against the Revenue and in favour of the assessee.</description>
    <language>en-us</language>
    <pubDate>Wed, 05 Sep 2007 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 25 Apr 2016 11:15:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=41954" rel="self" type="application/rss+xml"/>
    <item>
      <title>2007 (9) TMI 67 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=2597</link>
      <description>Cenvat/Modvat credit was held admissible on inputs used in machines captively consumed for job work, even though the final goods were cleared without duty under Notification No. 67/95-C.E. The Tribunal applied the statutory credit scheme and binding Supreme Court authorities, and the High Court found no error in that approach. On the facts found, credit could not be denied merely because the inputs were used in machines employed for job work within the factory. The issue was therefore answered against the Revenue and in favour of the assessee.</description>
      <category>Case-Laws</category>
      <law>Central Excise</law>
      <pubDate>Wed, 05 Sep 2007 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=2597</guid>
    </item>
  </channel>
</rss>