MODVAT Credit: Broad Interpretation of Inputs Includes Iron, Steel, and Welding Items as Capital Goods or Inputs.

MODVAT Credit: Broad Interpretation of Inputs Includes Iron, Steel, and Welding Items as Capital Goods or Inputs. https://www.taxtmi.com/highlights?id=33860 MODVAT credit - iron and steel products - welding items - the word ‘include’ in the definition of inputs cannot be given a restrictive approach. The items shown in the table would fall under the category of capital goods or inputs - AT en-us Tue, 21 Mar 2017 09:01:06 +0530 Tue, 21 Mar 2017 09:01:06 +0530 TaxTMI RSS Generator MODVAT Credit: Broad Interpretation of Inputs Includes Iron, Steel, and Welding Items as Capital Goods or Inputs. https://www.taxtmi.com/highlights?id=33860 MODVAT credit - iron and steel products - welding items - the word ‘include’ in the definition of inputs cannot be given a restrictive approach. The items shown in the table would fall under the category of capital goods or inputs - AT Highlights Central Excise Tue, 21 Mar 2017 09:01:06 +0530 https://www.taxtmi.com/highlights?id=33860