TMI Blog2014 (3) TMI 833X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 cleare ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to their customers. The appellant took credit on these bought out items and included in the value of equipments and paid duty thereon. The Revenue was of the view that as these inputs were not received in the factory and not used in the final product therefore they are not entitled to take credit. 3. Heard both sides. 4. As the Tribunal in the case of Ajinkya Enterprises vs. CCE - 2013 (288 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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