CENEX UPDATE – 06.06.2020

CX - In the absence of any explicit provision for allowing CENVAT Credit for abandoned projects from which no goods were ever manufactured, assessee is not entitled to credit: CESTAT

ST - Assessee could not establish any nexus between availment of Club Membership fee and its output service of Renting of Immovable Property - hence CENVAT credit on such service is rightly disallowed: CESTAT

Cus - Mere fact that imported goods, consequent on adjudication may be held liable to confiscation at a later stage, cannot be a ground to refuse provisional release, else, s. 110A would be rendered nugatory and otiose: HC