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2017 (9) TMI 214 - CESTAT CHANDIGARHWithdrawal of appeal - Manufacture - CENVAT credit - Held that: - when the Revenue wants to add the value of all the bought out items into whole value of the plant on which they asked duty, the assessee is entitled to take cenvat credit of duty paid on the bought out items. If the same is taken into consideration, the duty liability works out of ₹ 59,227,511/- whereas, the cenvat credit is available to the assessee is ₹ 62,790,745/- which is more than the duty demand. In that circumstance, we note that as it is a Revenue neutral situation - assessee’s appeal is dismissed as withdrawn and the Revenue’s appeal is dismissed on merits.
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