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2015 (5) TMI 1181 - CESTAT CHENNAICENVAT Credit - Clearance of metallurgical coke to their sister unit without payment of duty - proportionate credit on inputs used in manufacture of metallurgical coke reversed by appellant - Rule 6(3) of Cenvat Credit Rules, 2004 - Held that:- It is evident that appellants have reversed the credit of ₹ 38,077/- attributable to the quantum of inputs used in the manufacture of metallurgical coke and also proportionate amount of input service of ₹ 4,09,487/- reversed vide S. No. 3403 and S. No. 5156 both dated 5.12.2011 in their cenvat account - Consequent to that amendment of cenvat credit rules with retrospective effect vide Finance Act, 2010, if the appellants reversed the proportionate credit, question of demanding equivalent to 10% of the value does not arise. Appeal allowed - decided in favor of appellant.
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