Court Rules Against Denial of MODVAT Credit; Emphasizes Evaluating All Evidence, Not Isolated Documents, for Credit Eligibility.

Court Rules Against Denial of MODVAT Credit; Emphasizes Evaluating All Evidence, Not Isolated Documents, for Credit Eligibility. https://www.taxtmi.com/highlights?id=33689 MODVAT credit - indifference in the description of goods in the subject invoices - Eventually when the documents placed on record themselves point out that all types of scrap were utilised by the assessee, then, one cannot just pick and choose any statement or single out a document to deny the Modvat Credit - HC en-us Fri, 10 Mar 2017 06:31:37 +0530 Fri, 10 Mar 2017 06:31:37 +0530 TaxTMI RSS Generator Court Rules Against Denial of MODVAT Credit; Emphasizes Evaluating All Evidence, Not Isolated Documents, for Credit Eligibility. https://www.taxtmi.com/highlights?id=33689 MODVAT credit - indifference in the description of goods in the subject invoices - Eventually when the documents placed on record themselves point out that all types of scrap were utilised by the assessee, then, one cannot just pick and choose any statement or single out a document to deny the Modvat Credit - HC Highlights Central Excise Fri, 10 Mar 2017 06:31:37 +0530 https://www.taxtmi.com/highlights?id=33689