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The assessee, a sugar mill, availed Cenvat credit on capital goods and inputs used for erection of a 24 MW power plant, part of whose electricity was captively consumed in manufacture of dutiable sugar and molasses, and surplus supplied to the State Electricity Board. Department denied credit relying on CBEC
Vedanta has received a Rs 15.43 lakh penalty order from the Assistant Commissioner, GST & Central Excise, Jharsuguda, Orissa. The order pertains to the alleged wrong use of Central Value Added Tax (CEVAT) credits.
The Hon’ble Bombay High Court in the case of Combitic Global Caplet Pvt. Ltd. directed the Revenue Authority to rule the sanctioning authority to refund the amount in the CENVAT credit account in cash instead of crediting it to the CENVAT account.
The Hon’ble Madras High Court in the case of India Cement Limited v. Commissioner of Customs [C.M.A.(MD) Nos.910 to 914 of 2018 dated January 30, 2024] allowed the appeal filed by the Appellant wherein it was held that the electricity…
The CESTAT, Mumbai in the case of M/s. Tata AIG General Insurance Co. Ltd. v. Commissioner of Service Tax, Mumbai [Service Tax Appeal No. 85359 of 2017 and 85635 of 2021 dated November 08, 2023] allowed the appeal and held…
The CESTAT held that, input tax paid for construction service used in relation to modernization, renovation of the existing factory is available as Cenvat credit
Cenvat credit can be availed on pre-fabricated shelters, towers and tower material which form an essential ingredient in the provision of telecommunication service
The CESTAT, Chennai in M/s. Alfred Berg & Co., (I) Pvt. Ltd. v. The Commissioner of GST and Central Excise held that no refund of unutilized CENVAT credit after stopping manufacturing due to sale of business to another company.
The CESTAT, Kolkata in M/s Jai Balaji Industries Limited v. Commissioner of Central Excise, Bolpur set aside the order confirming interest on differential duty and held that where the differential duty paid by the assessee is available as CENVAT credit to the Assessee’s sister concern then it is a revenue-neutral situation. Thus, as duty was not actually payable, the payment of interest does not arise in the case of revenue neutral situation.
The CESTAT, Kolkata in M/s. National Aluminium Company Limited v. Commissioner of Central Excise & Service Tax held that the amendment in Rule 14 of the CENVAT Credit Rules, 2004 which previously read as ‘taken or utilized’ but was changed to ‘taken and utilized’, clearly indicated the intention of the legislature not to impose interest where the credit had been taken but not utilized.