Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 1099 - AT - Central ExciseCENVAT credit - shortage of inputs - The contention of the learned AR is that as it is physically verified stock and shortage has been detected, therefore, they are not entitled to CENVAT Credit - Held that: - it is admitted fact that the shortage in quantity is only 0.35% of the total purchases - respondent is a manufacturing unit and such shortages are of meager in nature - the learned Commissioner (Appeals) has made observations and held that the demand is merely based on the shortages detected during physical tallying, the entire quantity of inputs on which CENVAT credit was availed were received in the the factory is also not disputed and clandestine removal is not alleged by the department - appeal dismissed - decided against Revenue.
|