Inputs used in mines – ropeway?
Today we are carrying three Tribunal judgements and an article on the controversial issue of inputs used in mines. As can be seen from our earlier stories, the credit is being disallowed because of the faulty way, the rules have been amended and the Supreme Court not being told that Board had instructed that the assessee can have his own other unit as a job worker. It was a misplaced comma that caused the damage. Now the Tribunal has allowed credit for ropeways and conveyor belts connecting the mine and the factory. Credit is allowed if the mine is not owned by the manufacturer or if the mine is connected to the factory! We ask a question, “will credit be allowed if the mine is under the factory?