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 1661 - AT - Central ExciseCENVAT credit - inputs - material usage variance not used in manufacture of goods - Held that: - there is no provision under the CENVAT Credit Rules, 2004 for denial of availment of credit merely on the ground that the assessee has admittedly deployed inputs in excess of the ideal for achieving desired output level The demand for recovery of the credit held to be ineligible by the lower authorities does not have the sanction of law - the tax element here is manufacture and the inefficiency attributed to excessive usage of materials is perforce reflected in an enhanced assessable value on which appropriate duty liability has been discharged - appeal allowed - decided in favor of appellant.
|