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2017 (6) TMI 967 - CESTAT ALLAHABADMODVAT/CENVAT credit - duty paying documents - whether Modvat/Cenvat credit can be taken on inputs which are received on the strength of bills/ Challan of Sugar division? - Held that: - credit cannot be denied only on the ground that invoice was in the name of self - credit allowed. CENVAT credit - loss in transit - whether the Cenvat credit is admissible on the inputs (Molasses, lost in transit) not received in the factory, not finally utilized for the manufacturing of final products, which are stated to be transit or handling loss? - Held that: - the quantum of Molasses lost in this case, being admittedly less than 1%, is a normal loss and no Cenvat credit relating to the same can be disallowed, as the inputs lost in normal course of business and transport-transit are held to be utilized for manufacture of taxable output/ goods - credit allowed. Appeal allowed - decided in favor of appellant.
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