Relief to MRF: CESTAT allows Re-Credit of Cenvat Credit as Capital Goods are used In Manufacture of Final Products [Read Order]

By Kalyani B. Nair - On November 30, 2023 3:30 pm - 2 mins read
MRF - Capital Goods are used In Manufacture of Final Products - CESTAT - taxscan

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed re-credit of cenvat credit as capital goods are used in manufacture of final products, thereby granting relief to M/s. MRF Limited. the Appellants engaged in manufacture of Tyres for Motor Vehicles, Tyre Flaps and Compounded Rubber and during the course of…

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