Motor Vehicle Parts Valuation: Duty Payable but Revenue-Neutral Exercise, MODVAT/CENVAT Credit Applicable, Duty Paid from PLA.

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....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....