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2017 (3) TMI 299 - AT - Central ExciseAvailing cenvat credit while availing benefit of exemption N/N. 30/2004-CE dt. 09.07.2004 - denial on the ground that the appellant has taken credit on the inputs - Held that: - it is an admitted fact that before clearances of the said goods availing benefit under N/N. 30/2004-CE dt. 09.07.2004, the appellant either reverses the Cenvat Credit attributable to the inputs used in manufacture of said goods or reverse the amount equivalent to 5%/6% of the value of the said goods. The reversal of Cenvat Credit on inputs used attributable to manufacture of said goods or reversal of amount equivalent to 5%/6% of the value of said goods shall amount to not taken the credit on inputs of the said goods - the appellant has complied with the condition of N/N. 30/2004-CE dt. 09.07.2004 - appellant has correctly availed the benefit of said Notification - appeal allowed - decided in favor of appellant.
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