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MODVAT credit

CENVAT credit - Unutilized CENVAT credit - Closing Stock Value - Stock Value - taxscan
Unutilized CENVAT credit requires to be included in Closing Stock Value as u/s 145 of Income Tax Act: ITAT confirms Addition [Read Order]
March 29, 2024
ITAT - ITAT Mumbai - Income Tax - Piramal Enterprises - MODVAT Credit recomputation - MODVAT - taxscan
Piramal Enterprises’ unique unutilised MODVAT Credit recomputation attracts Rs. 207 Crores Addition: ITAT orders Re-adjudication [Read Order]
March 20, 2024
Welding Electrodes - Repairing and Maintenance of Plant & Machinery - Machinery - Plant - Manufacturing Process - Inputs - Rajasthan High Court - taxscan
Welding Electrodes used for Repairing and Maintenance of Plant & Machinery are not involved in Manufacturing Process but are Inputs: Rajasthan HC [Read Order]
July 18, 2023
Modvat Credit - corroborative evidence - CESTAT - taxscan
Denial of Modvat Credit not sustainable without substantiating with Corroborative Evidence: CESTAT [Read Order]
August 16, 2022
Penalty - Reversed credit - claim of loss - insurance company - CESTAT - Taxscan
No Penalty for Reversed Credit after Claim of Loss received from Insurance Company: CESTAT [Read Order]
July 8, 2022
Steel plates and MS channels - capital goods - Modvat credit - CESTAT - taxscan
Steel plates and MS channels are capital Goods, Modvat Credit can be availed: CESTAT [Read Order]
May 23, 2022
MODVAT Credit - MODVAT Scheme - Income Tax Act - Supreme Court - Taxscan
MODVAT Credit not allowable as Deduction u/s 43B of Income Tax Act: Supreme Court [Read Judgment]
February 10, 2020
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