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2014 (3) TMI 833 - CESTAT MUMBAIDenial of CENVAT Credit - Inputs not received in factory and not utilized in final product - Held that:- As the Tribunal in the case of Ajinkya Enterprises vs. CCE - [2013 (6) TMI 610 - CESTAT MUMBAI] wherein this Tribunal held that if any inputs on which the assessee has paid the duty and the same has been cleared and availed credit thereof which were cleared by them “as such” on payment of duty, the duty paid by them shall amounts to reversal of credit taken on these inputs. Therefore, in the light of Ajinkya Enterprises, the issue is no more res integra. Accordingly, I hold that the appellant is entitled to take credit on bought-out items which have been cleared on payment of duty - Decided in favour of assessee.
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