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2008 (11) TMI 211 - AT - Central ExciseCenvat Credit on slow moving inputs - inputs have not been scraped and discarded from the inventory - detailed chart showing the consumption of the inputs including the slow moving inputs had been submitted in support of their claim that the slow moving inputs, in respect of which Cenvat credit is sought to be denied, are being used - The inputs in respect of which the credit is sought to be denied are still being used and are very much in the stock – Held that - Just because a provision was made in the books of accounts for 2003-04 for non-moving/slow moving/obsolete items of inputs, it cannot be concluded that those items have been actually scraped and discarded from the inventory – credit is allowed
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