CENVAT CREDIT ADMISSIBLE EVEN IF INPUTS ARE DISCARDED DURING MANUFACTURING PROCESS- SUPREME COURT

FACTS OF THE CASE M/s Asahi India Safety Glass Ltd. (AISG) is inter alia engaged in manufacturing of Toughened (Tempered) and Laminated Safety Glasses for Automobiles falling under Chapter Heading No. 7004.10 and 7004.20 of the Central Excise Tariff Act, 1985. For manufacturing of final product, AISG was getting float glasses as the main raw … Continue reading CENVAT CREDIT ADMISSIBLE EVEN IF INPUTS ARE DISCARDED DURING MANUFACTURING PROCESS- SUPREME COURT