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2016 (11) TMI 1477 - AT - Central ExciseCENVAT credit - Neptha, (Petro grade) - it was alleged that inputs was found short in stock for the period from April, 2003 to March, 2004 and therefore, the said input was not used in the manufacture of finished goods - Held that: - Revenue has not disputed the shortage to the extent of 0.046% and the %age of shortage which is well within the permissible / tolerance limit as per Board circular dt 23.09.2002 - the shortage of inputs is insignificant percentage of storage and handling losses intended for use in the manufacture of final products and Cenvat credit cannot be denied - appeal dismissed - decided against Revenue.
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