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Ask your queries or reply to others' queries => Discussion => Topic started by: rajul5234 on April 23, 2013, 09:18:47 AM

Title: REOPENING- Unutilised modvat credit- value of closing stock
Post by: rajul5234 on April 23, 2013, 09:18:47 AM
Guj. H. C. Order dt. 9/4/13. SCA 2214/ 2013.Himson engineering. Held, Reopening of 143(3) assessment order beyond 4 years period for the reason of inclusion of unutilised modvat credit in valuation of closing stock due to insertion of s.145A is not permissible.

R. K. Patel