Motor Vehicle Parts Valuation: Duty Payable but Revenue-Neutral Exercise, MODVAT/CENVAT Credit Applicable, Duty Paid from PLA. https://www.taxtmi.com/highlights?id=33640 Valuation - manufacture of motor vehicles parts and clearance to own other unit - even though duty is payable and the recipient unit is part of the same entity and is eligible for MODVAT/CENVAT credit paying duty from PLA also then it is a revenue neutral exercise. For this reason demand of duty cannot be recovered - AT en-us Wed, 08 Mar 2017 08:46:44 +0530 Wed, 08 Mar 2017 08:46:44 +0530 TaxTMI RSS Generator Motor Vehicle Parts Valuation: Duty Payable but Revenue-Neutral Exercise, MODVAT/CENVAT Credit Applicable, Duty Paid from PLA. https://www.taxtmi.com/highlights?id=33640 Valuation - manufacture of motor vehicles parts and clearance to own other unit - even though duty is payable and the recipient unit is part of the same entity and is eligible for MODVAT/CENVAT credit paying duty from PLA also then it is a revenue neutral exercise. For this reason demand of duty cannot be recovered - AT Highlights Central Excise Wed, 08 Mar 2017 08:46:44 +0530 https://www.taxtmi.com/highlights?id=33640