credit is available for exports at
specified rate for raw material, intermediates, components, parts
and packing material etc. In terms of the Policy, DEPB
scrips
described as
'intermediate products' which are used by the Automobile OEMs as input
components in manufacturing finished items i.e. automotive vehicles
each intermediate stage and take
credit of such duty at each subsequent stage, starting from the basic
material, turning out components and finally ending with
providing output
service and therefore, eligible for CENVAT Credit. The main
component of CENVAT Credit in the present case relates to
12
ST/51221/2019 ... CENVAT Credit:
A manufacturer who clears a final product or an intermediate
product for export without payment of duty under bond or letter
of undertaking
Dcit Corporate Circle 5(1), Chennai vs Repco Home Finance P Ltd., Chennai on 17
Srinivasa Fashins Pvt Ltd, Chennai vs Ito Corporate Ward-6(4), Chennai on 28 September
Reliance Industries Limited, Mumbai vs Assistant Commissioner Of Income Tax- ... on 10 November, 2020
THE
Colgate Palmolive (India) Ltd, Mumbai vs Addl Cit 10(3), Mumbai on 31 July, 2020
M/S Wyzmindz Solutions Private Limited ... vs Income Tax Officer Ward-7(1)(4), ... on
D L F Promenade Ltd vs Commissioner, Service Tax-Delhi on 29 January, 2020
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