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2017 (2) TMI 243 - AT - Central ExciseCenvat credit - Plastic Wire Scrap - process of separation of copper is not amounting to manufacture - Penalty - Held that: - I find that the only issue involved in the present appeals is whether the CENVAT credit availed on plastic wire and scrap, when a portion of the said scrap was sold later after retrieving the copper from it on payment of excise duty, which was twice the amount of credit on whole scrap - It is not in dispute that out of the said waste and scrap, approximately 55% was retrieved manually which does not result into manufacture , but the copper portion of the same was cleared on payment of duty - Decided in favor of the assessee.
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