Thursday, 25 June 2015

Bought out items cleared along with finished goods for being used outside factory are ineligible for

Cenvat Credit : Where assessee, a manufacturer of tower parts, had cleared bought out items like Nuts, Bolts and Washer along with tower parts for erection of towers 'at site' outside factory, said bought out items could not be regarded as inputs and were, therefore, ineligible for credit

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