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2015 (10) TMI 1820 - AT - Central ExciseReversal of CENVAT Credit - Removal of Capital goods - Held that:- issue was decided by the Hon’ble Madras High Court in the case of CCE, Salem vs. Rogini Mill Limited - [2010 (10) TMI 424 - MADRAS HIGH COURT], which was followed by the Larger Bench of the Tribunal in the case of CCE, Hyderabad vs. Navodhaya Plastic Industries Limited - [2013 (12) TMI 82 - CESTAT CHENNAI ]. The Hon’ble Madras High Court in the case of Rogini Mill Limited (supra) held that in the case of removal of used capital goods, the depreciated value of such goods to be considered for reversing the cenvat credit availed thereon. - Impugned order is set aside - Matter remanded back - Decided in favour of Revenue.
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