The Commissioner of Central Excise Mumbai-Vi v. Sang Fastner Pvt. Ltd. Thane
Case brief
What is this about?
The High Court of Judicature at Bombay addressed a substantial question of law regarding the reversal of tax credit when an assessee opts out of the Modvat scheme to avail benefits under SSI Notification No.175/86 CE. The Bench referenced a Supreme Court judgment and directed the Tribunal to file a reference.
What did the court decide?
The Tribunal directed to make a reference to this Court within 8 weeks from receipt of this order.