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2012 (5) TMI 405 - AT - Central ExciseDemand of duty – whether CENVAT credit attributable to the inputs contained in the semi-finished and finished goods destroyed in flood was inadmissible and was required to be reversed – Held that:- Asian Paints (I) Ltd. (2004 - TMI - 53041 - CESTAT, WEST ZONAL BENCH, MUMBAI) , once the inputs are issued to the manufacturing floor from the stores after receipt in the factory, further utilisation of the same cannot be normally questioned. They can be lost due to normal process of a technological loss, reversals are therefore not called for, appeal filed by the Revenue is rejected
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