https://www.taxtmi.com/caselaws?id=347218 The High Court, in a case concerning the interpretation of deemed credit facility for a Small Scale Unit under the Central Excise Act, 1944, ruled in favor of the appellant. The Court set aside the Tribunal's decision disallowing the Modvat Credit facility, based on substantial questions of law raised. The judgment favored the appellant, answering the questions negatively against the Revenue, and allowed the appeal with no costs imposed, aligning with similar judgments from other High Courts. en-us Tue, 29 Aug 2017 00:00:00 +0530 Thu, 31 Aug 2017 07:17:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347218 The High Court, in a case concerning the interpretation of deemed credit facility for a Small Scale Unit under the Central Excise Act, 1944, ruled in favor of the appellant. The Court set aside the Tribunal's decision disallowing the Modvat Credit facility, based on substantial questions of law raised. The judgment favored the appellant, answering the questions negatively against the Revenue, and allowed the appeal with no costs imposed, aligning with similar judgments from other High Courts. Case-Laws Central Excise Tue, 29 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347218