High Court of Bombay Dismisses Revenue's Appeal in Modvat Credit Case — Captive Power Plant Erection Eligible for Credit Under Rule 57Q(6) of Central Excise Rules, 1944. Substantial questions of law answered in favor of assessee regarding eligibility of credit on capital goods used in erection of captive power plant by other divisions of the same group.
14 Jan 2022The case involves an appeal by the Revenue against the order of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) which upheld the Commiss...




