![Depreciation on Capital Goods under EOU Scheme Allowed Only up to Date of Debonding, Not Till Duty Payment: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/16/500x300_2087753-gst-gst-on-capital-goods-capital-goods-itc-goods-and-services-tax-taxation-under-gst-cgst-act-taxscan.webp "Depreciation on Capital Goods under EOU Scheme Allowed Only up to Date of Debonding, Not Till Duty Payment: CESTAT [Read Order]")
Depreciation on Capital Goods under EOU Scheme Allowed Only up to Date of Debonding, Not Till Duty Payment: CESTAT [Read Order]
The Hyderabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that depreciation on capital goods imported under the...
![[BREAKING] Telecom Towers, Pre-Fab Buildings Qualify as Capital Goods for GST/CENVAT Input Tax Credit: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Bharti-Hexacom.jpg "[BREAKING] Telecom Towers, Pre-Fab Buildings Qualify as Capital Goods for GST/CENVAT Input Tax Credit: Rajasthan HC [Read Order]")
Demo Motor Vehicles not eligible for GST ITC on Inward Supply: AAAR Shuns Maruti, Bajaj, KTM & Chetak Dealership [Read Order]
The Appellate Authority for Advance Ruling ( AAAR ), Goa recently dispelled the claim of Input Tax Credit ( ITC ) on motor vehicles maintained exclusively for demonstration purposes by vehicle...
![Demo Motor Vehicles not eligible for GST ITC on Inward Supply: AAAR Shuns Maruti, Bajaj, KTM & Chetak Dealership [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/GST-GST-ITC-GST-on-vehicles-AAAR-GST-on-Maruti-TAXSCAN-1.jpg "Demo Motor Vehicles not eligible for GST ITC on Inward Supply: AAAR Shuns Maruti, Bajaj, KTM & Chetak Dealership [Read Order]")
DGFT clarifies Applicability of Amended Para 5.10(c) of Handbook of Procedures, 2015-20 to Third-Party Exports under EPCG [Read Circular]
The Directorate General of Foreign Trade recently issued a clarification on the applicability of the prospective amendment made to Para 5.10(c) of the Handbook of Procedures, 2015-20 (Mid-term...
ITC can be Availed on Capital Goods used in Transmission of Electricity from Power Station To Factory Premises: AAR [Read Order]
In a recent ruling, the Gujarat Authority of Advance Ruling (AAR) has ruled that the Input Tax Credit (ITC) can be availed on capital goods in the form of wires/cables electrical equipment etc,630 mm...
Budget 2024-25: FM Proposes to Expand Exempted Capital Goods list used Manufacture of Solar Cells and Panels [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full - budget 2024 today before the parliament at 11 am. Energy transition is critical in the fight against climate change. To support...
CESTAT grants relief to Hindustan Zinc: No reverse of credit availed as providing Capital Goods to Contractors for Captive Mines does not amount to 'Removal' [Read Order]
In a ruling providing relief to Hindustan Zinc, the Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has held that reverse credit availed is not reversible as providing...
![CESTAT grants relief to Hindustan Zinc: No reverse of credit availed as providing Capital Goods to Contractors for Captive Mines does not amount to Removal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/CESTAT-CESTAT-delhi-Hindustan-Zinc-capital-goods-Capital-goods-to-contractors-TAXSCAN-2.jpg "CESTAT grants relief to Hindustan Zinc: No reverse of credit availed as providing Capital Goods to Contractors for Captive Mines does not amount to Removal [Read Order]")