Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (2) TMI 383 - AT - Central ExciseCENVAT credit - clearance to 100% EOU - It appeared to Revenue that under Sub Rule (5) of Rule 3 of CCR, 2004, appellants were required to reverse the said Cenvat Credit of ₹ 11,88,931/- on clearance of DMO to 100% EOU - Held that: - during the relevant period when Rule 57F was on Statute there was no provision equivalent to Caluse (ii) of Sub Rule (6) of Rule 6 of CCR 2004 - if the Cenvat Credit is availed on inputs and if the same are cleared to 100% EOU as provided under Sub Rule (6) of Rule 6 of CCR 2004, Cenvat Credit of duty paid on such inputs cannot be denied - appeal allowed - decided in favor of appellant.
|