Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2014 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (9) TMI 735 - AT - Central ExciseRefund of CENVAT Credit towards AED (T&TA) credit - export of production about 92%, under bond without payment of duty under Rule 19 of the Central Excise Rules, 2002 - Whether encashment of the Cenvat credit in respect of the inputs used in the manufacture of finished goods, which were not exported, but were cleared for home consumption is encashable in terms of Rule 5 of the Cenvat Credit Rules - Held that:- the encashment of AED (T&TA) credit has been correctly denied by the Assistant Commissioner and as such the impugned order of the Commissioner (Appeals) permitting encashment of this credit is not correct. Encashment of credit in respect of inputs contained in waste cleared for home consumption - Held that:- the encashment of this credit is also not permissible and the same has been correctly disallowed by the Assistant Commissioner. - Decided in favour of Revenue.
|