Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (6) TMI 1340 - AT - Central ExciseCENVAT credit - inputs - manufacturing activity stopped - case of appellant is that just because, the certain quantity of inputs in semi finished stage are lying in the silos and certain quantity of finished goods is lying in stock, the Cenvat credit cannot be denied - Held that:- It is evident that the inputs in respect of which the Cenvat credit had been taken, have been used for manufacture of finished products and just because some of the inputs in form of work in progress and some of the finished products are still lying in stock, the Cenvat credit cannot be denied as Cenvat credit is admissible in respect of inputs used in or in relation to manufacture of some final products. The Cenvat credit would be deniable only when the inputs are cleared as such which is not the department’s case against the assessee. Appeal allowed - decided in favor of appellant.
|