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2014 (2) TMI 160 - CESTAT MUMBAIDenial of CENVAT Credit - Appellants are engaged in the activity of manufacture of moulds and dies and also undertaken the activity of repairing the same - Held that:- whatever duty has paid by the appellants while received the moulds and dies for repairing purpose they have taken the credit which are entitled to them as per Rule 16 of CENVAT Credit Rules, 2002. In these circumstances, I do not find any merit in the impugned order and hold that as the appellants are discharging duty equivalent or more than the credit availed by them therefore they are not require to reverse the credit taken on the moulds and dies. In these circumstances, the impugned order is set aside - Decided in favour of assessee.
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