Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (12) TMI 1922 - AT - Central ExciseInterest on delayed refund - reversal of Cenvat credit on the inputs laying in stock work in progress - N/N. 23/2004-CE dated 09.07.2004 - HELD THAT:- In this case in pursuance to Notification No.23/2004-CE dated 09.07.2004 the tractors manufactured by the appellant became exempt from payment of duty. Therefore, appellant was directed to reverse the Cenvat credit through PLA for input laying in stock, work in progress and contained finished goods. Admittedly, at the time of availment of Cenvat credit the tractors are dutiable. Therefore, they were entitled to take Cenvat credit of inputs and capital goods. The appellants are entitled to pay interest from the date of payment of deposit, till its realization - appeal allowed.
|