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CENVAT Credit on Capital Goods - Eligibility Criteria


Credit on CG

Under order portion of Surya Roshini, Tribunal distinguished some facts which are said under 7th para above. Moreover the SC dismissed the appeal as non maintainable. Now the appeal is admitted by MP HC. So matter is yet to be settled in this case. However, HC decisions said above are appears to be attained finality. Hence relying on Surya Roshini (Tribunal Decision) may not hold good now.

This is my personal view.

Ravi Raghavan 30/01/2015

 

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