2008 (10) TMI 51 - CESTAT, MUMBAI

Interpretation of the expression “as such” appearing in Rule 4(5) (a) of CCR – removal of capital goods for repair – held that expression “as such” doesn’t have any connection with capital goods being new, unused or used - expression “as such” should be understood without any alteration - held that even used capital goods were covered by expression “as such” occurring in Rules 3(4)(c) and 4(5)(a) – therefore, reversal of credit is required when capital goods are removed, whether used or not