18 September 2011
Vitrified tiles manufacturer has used SS Coil and MS Coil to make sailo.(one of the machinery used to manufacture vitrified tiles)The company has made sailo in house by using different kinds of parts & labour.
It has taken a modvat on SS Coil and MS coil as Capital Goods.
whether it has rightly claim modvat on ss coil and ms coil or no.