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2017 (6) TMI 897 - AT - Central ExciseReversal of CENVAT credit - removal of Capital Goods - capital goods Moulds cleared to sister units on returnable basis - Held that: - there is no allegation with regard to suppression of facts. It is also clear that the appellants are removing the capital goods only to their sister units and the department is fully aware of such practice adopted by the appellant. On the basis of records as well as facts, the appellants cannot be saddled with suppression of facts with intent to evade payment of duty. Moreover, the capital goods being removed to the sister units, would give rise to a situation of revenue neutrality. Demand set aside - appeal allowed - decided in favor of appellant.
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