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2011 (7) TMI 243 - AT - Central ExciseCenvat credit - Material send back for reprocessing and received back the material after reprocessing - The credit taken on 1.9.05 stands reversed on 2.9.05 when the goods were returned for processing - The credit was taken only on 3.11.05 after receipt of the processed goods and only the said credit has been utilised - The earlier credit taken on 1.9.05 having been reversed on 2.9.05, there is no question of taking credit for the second time - The denial of credit holding that the goods received on 3.11.05 may not be the same as goods cleared by the appellants on 2.9.05 is not justified - Decided in favour of assessee. Notional credit on the wastage of yarn - job work - This credit has been denied on the ground that so called waste as claimed by them has occurred during the process of weaving and waste has not been received by the appellants and there is no documents justifying the credit taken on the waste - The denial of credit and consequent demand along with interest is, therefore, justified.
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